Decision ID: 003754

In October 2010, the 1992 Fund Executive Committee noted that in December 2009 the Administrator of the limitation fund had distributed the money amongst the claimants and that the 1992 Fund had received the total amount of KRW 122 555 497, ie the amount of KRW 122 555 497 awarded by the Limitation Court plus the accrued interest.  The Executive Committee noted that the No7 Kwang Min incident was now closed.

Category: Legal actions
Subject: Limitation proceedings, subrogated claims and distribution of the shipowner's limitation fund under Article V of the 1969 and 1992 Civil Liability Conventions

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