Decision ID: 001301

In April 1998 the 1971 Fund Executive Committee noted that in November 1997 the Court in charge of the limitation proceedings had rendered its decison adopting the administrator’s proposal that, since there was not enough evidence to enable him to make an assessment of the fishery claims, the Court should accept one third of the claimed amounts as reasonable. It was noted that the Fund had lodged opposition to the Court’s decision.

Categories: Financial limits, limitation proceedings and indemnification, Legal actions
Subjects: Limitation proceedings, subrogated claims and distribution of the shipowner's limitation fund under Article V of the 1969 and 1992 Civil Liability Conventions, Limitation proceedings, subrogated claims and distribution of the shipowner's limitation fund under Article V of the 1969 and 1992 Civil Liability Conventions