Decision ID: 001750

In October 2005 the 1992 Fund Executive Committee noted that in June 2005 the Commercial Court in Rennes had rendered a judgement in respect of a claim by an oyster grower in Morbihan, whose claim had been assessed by the Fund for a lower amount than claimed. The Committee noted that the Court had agreed with the assessment method used by the Fund, but had assessed the loss for a greater amount than the Fund, although considerably less than the claimed amount.

Category: Pure economic loss (fisheries and mariculture)
Subject: Loss of income due to loss of confidence of buyers/consumers of marine products