Decision ID: 003711

In June 2010 the 1992 Fund Executive Committee noted that the Korean Supreme Court had dismissed an appeal against the decision of the Court of Appeal to dismiss an appeal against the decision by the Daejeon District Court order for the commencement of the limitation proceedings initiated by the owner of the Hebei Spirit.

Date: 31.05.2010
Categories: Financial limits, limitation proceedings and indemnification, Legal actions
Subjects: Establishment of the shipowner's limitation fund, Limitation proceedings, subrogated claims and distribution of the shipowner's limitation fund under Article V of the 1969 and 1992 Civil Liability Conventions, Limitation proceedings, subrogated claims and distribution of the shipowner's limitation fund under Article V of the 1969 and 1992 Civil Liability Conventions