Decision ID: 003505

In June 2008 the 1992 Fund Executive Committee noted that in March 2008 the Court of first instance in Mont-de-Marsan (France) had rendered a judgement in respect of a claim by a company making reservations in bed and breakfasts for loss of income incurred as a result the Prestige incident. It was noted that the company had been created in March 2003 but had closed down in the same year. It was also noted that the 1992 Fund had assessed the losses on the basis of the results recorded by other companies in the same area having a similar activity, which gave an amount significantly lower than that claimed, and that the claimant who had based his claim on a business plan did not agree with the Fund’s assessment. It was further noted that the Court had agreed with the Fund’s assessment of the claim.