Decision ID: 001921

In October 2006 the 1992 Fund Executive Committee noted that in June 2006 the Swedish Government, the shipowner and the shipowner’s insurer had reached an out-of-court settlement without any admission of liability by any party, and that as a consequence the pending legal actions against the shipowner and the insurer had been withdrawn. It was also noted that the Swedish Government and the 1992 Fund had concluded a settlement agreement whereby the Swedish Government had agreed to pay all of the Fund’s legal and expert costs and that the proceedings pending in the Court against the Fund had been withdrawn.

Date: 30.09.2006
Categories: Compensation payments, Legal actions
Subjects: Out-of-court settlements, Out-of-court settlements