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Freezing junction against the 1971 Fund lifted
In a decision rendered on 12 November 2014, the High Court in London ordered that the Freezing Injunction, granted on 7 May 2014 by Mr Justice Hamblen against the 1971 Fund, be…
News – Incidents
High Court rules in favour of the 1971 Fund in the Nissos Amorgos case
Today in a judgment handed down at the High Court (Commercial Court) in London in respect of the Fund’s application to challenge the jurisdiction of the Court, Mr Justice Hamblen found in…
Director’s visit to Shoko Maru incident site, Japan
During the first week of July 2014, the Director and Legal Counsel visited the site of the Shoko Maru incident, which occurred in May 2014 off the coast of Himeji Port, Japan.…
Incident in Japan
An incident took place on 29 May 2014 off the coast of Hyogo prefecture, Japan, involving the tanker Shoko Maru (998 GT). The tanker, which had already unloaded its cargo of crude…
High Court freezes 1971 Fund’s Assets
In a judgement handed down on 7 May 2014, the High Court (Commercial Court) in London decided that the Gard Club was entitled to a freezing order over the assets of the…
Gard Club takes legal action against the 1971 Fund
The Gard Club has lodged actions against the 1971 Fund in the Bolivarian Republic of Venezuela and in the United Kingdom, claiming that the 1971 Fund should be liable to pay any…