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Written question asked by Andrew George (Liberal Democrat) on Wednesday, 11 July 2001, in the House of Commons. It was due for an answer on Thursday, 19 July 2001. It was answered by Elliot Morley (Labour) on Thursday, 19 July 2001 on behalf of the Department for Environment, Food and Rural Affairs.


Dept for Environment Food and Rural Affairs

Question
To ask the Secretary of State for Environment, Food and Rural Affairs, what the anticipated costs are of meeting the claims arising from the ruling over the Factortame case brought by owners of flag of convenience vessels. - Inc figures.
Answer

Andrew George: To ask the Secretary of State for Environment, Food and Rural Affairs what the anticipated costs are of meeting the claims arising from the ruling over the Factortame case brought by owners of flag of convenience vessels. [4358] Mr. Morley: Settlement has been reached with all the applicants involved in the Factortame litigation with the exception of two who are appealing against the rejection of their claims by the court. Under the terms of the settlement the total sum of damages paid is £55 million which includes some £26 million interest. The legal costs of the applicants, liability for which was accepted as part of the settlement agreements, are the subject of further legal proceedings and will not be assessed until these are completed. The claims submitted by the applicants totalled some £285 million before interest.


Secondary information

Type
Written question
Reference
4358; 372 c399W
Session
2001-02
Subjects
Compensation Costs Fishing vessels Flags of convenience Factortame
Contains statistics
Yes
Link
View this Written question on www.publications.parliament.uk