Decision ID: 001977

In October 2006 the 1971 Fund Administrative Council noted that in September 2006 the owner of the tug (Falcon 1) which had been towing the Pontoon 300 at the time of the incident had reached a settlement agreement with Umm Al Quwain Municipality (whose claim the 1971 Fund had maintained had become time-barred vis-à-vis the Fund) and that the Municipality’s lawyer had requested the action against the Fund to be withdrawn. The Administrative Council decided to instruct the Director not to proceed with the execution of the judgement rendered by the Court of Cassation against the tug owner in the recourse action taken by the Fund if the legal action against the Fund was withdrawn.

Date: 30.09.2006
Category: Legal actions
Subject: Legal actions against shipowners