The 1992 Fund had appealed on three issues namely the quantum awarded to the claimants, the application of interest and the ‘insurance gap’. The appeals were rejected and the Court renewed the procedure of execution (enforcement) of the judgement.
A further court session was held on 12 February 2013 to consider a petition by a claimant to include additional claimed costs. However, that hearing was postponed since the details of the claim had not been shared with all parties. A further session has been scheduled for 26 February 2013 where this, and a petition to suspend execution by the shipowner’s insurer, will be considered. Prestige The Audiencia Provincial (Criminal Court) in La Coruña commenced hearings on 16 October 2012 dealing with both the criminal and civil liabilities arising from the incident. The oral hearings have focused to date on witnesses associated with the criminal liabilities. Proceedings are expected to continue until June 2013 and witnesses for the civil liabilities are expected to be called from May 2013 onwards.
The 1992 Fund continues to monitor the proceedings and in due course its experts will provide evidence to the Court.