Decision ID: 001637

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 a small company operating a bar-restaurant in the Department of Loire Atlantique for loss of business in 2000. It was noted that the claim had been assessed by the 1992 Fund’s experts at about half the claimed amount, which had been disputed by the claimant. The Committee noted that the Court had accepted the valuation by the Fund’s experts. The Committee also noted that a claim by the manager of the company for loss of salary had been dismissed by the Court, since the claimant had not provided any evidence of the alleged loss.

Category: Legal actions
Subject: Judgements in respect of claims for pure economic loss