Decision ID: 003959

In October 2013, the 1971 Fund Administrative Council decided that the claim submitted by the Bolivarian Republic of Venezuela before the Supreme Court (Political Administrative Section) in respect of the Nissos Amorgos incident was time-barred vis-à-vis the 1971 Fund and not admissible for compensation. The Council instructed the Director not to pay any compensation or reimbursement in respect of that claim and to discontinue the defence of the 1971 Fund before the courts.

Date: 24.10.2013
Category: Time bar provisions
Subject: Interpretation/application of the time-bar provisions in Article VIII of the 1969 and 1992 Civil Liability Conventions and Article 6 of the 1971 and 1992 Fund Conventions