Decision ID: 001634

In March 2005 the 1992 Fund Executive Committee noted that in December 2004 the Commercial Court in Saint-Nazaire had rendered a judgement in respect of a claim by the owners of a property located directly on the beach in the Department of Loire Atlantique which was damaged by oil. It was noted that the claim had been assessed by the Fund for an amount that was disputed by the claimants. The Committee noted that the Court had arrived at an assessment that was close to that made by the Fund’s experts, but that the claimants had appealed against the judgement.

Categories: Property damage, Legal actions
Subjects: Assessment of quantum, Judgements in respect of claims for property damage and consequential economic loss, Contamination of property by oil