Decision ID: 001850

In March 2006 the 1992 Fund Executive Committee noted that in November 2005 the Commercial Court in Vannes had rendered a judgement endorsing the Fund’s assessment of a claim for losses during the period 25 December 1999 – 30 September 2000 by the owner of a hotel/restaurant and endorsing the Fund’s rejection of an additional claim relating to bank charges for the period 2000 – 2003 on the grounds of an insufficient link of causation between the alleged loss and the incident.

Category: Pure economic loss (tourism)
Subject: Losses suffered by hotels, campsites, shops, restaurants and other tourism businesses due to a downturn in visitors