Decision ID: 003726

In October 2010, the 1971 Fund Administrative Council noted that in a judgement rendered in February 2010 the Criminal Court of First Instance in Maracaibo had held that the master, the shipowner and the shipowner’s insurer had incurred civil liability derived from a criminal action and had ordered them to pay compensation to the Venezuelan State.  It was noted that the three defendants had appealed against the judgement. It was further noted that although not notified of the judgement, the 1971 Fund had also appealed in order to defend its rights, since it had been considered that not appealing would prejudice the Fund’s position.