Decision ID: 001501

In October 2003 the 1992 Fund Executive Committee, noting that it was too early to predict whether the total of the admissible claims arising from the incident would exceed the limitation amount applicable to the Duck Yang, decided to authorise the Director to settle claims arising from the incident to the extent that they did not give rise to questions of principle not previously considered by the Funds’ governing bodies.

Date: 30.09.2003
Category: Compensation payments
Subject: Authorisation to settle claims