Decision ID: 003712

In June 2010 the 1992 Fund Executive Committee noted the Court of Appeal had dismissed an appeal against the decision by the Seoul Central District Court for the commencement of the limitation proceedings initiated by the bareboat charterer of the two tugs and the crane barge involved in the Hebei Spirit incident.

Date: 31.05.2010
Categories: Financial limits, limitation proceedings and indemnification, Legal actions
Subjects: 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, Establishment of the shipowner's limitation fund