Galicia
France will receive 61.2 million € and the Xunta of Galicia 1.8 million, the verdict gives the green light to reclaim 1 billion dollars under British jurisdiction.
Nov 16, 2017 - 10:55 AM
The Coruña Court recognise that the Prestige caused damage to the State of 1.573 billion €
France will receive 61.2 million € and the Xunta of Galicia 1.8 million, the verdict gives the green light to reclaim 1 billion dollars under British jurisdiction.
Nov 16, 2017 - 10:55 AM
Finally, a judicial valuation of the catastrophic cost of the Prestige environmental disaster. The first section of the A Coruña Provincial Court has issued a conclusion which quantifies the damage caused by the massive oil slick, of 1 billion $ (844.8 million €) under British jurisdiction against the insurer London P&I Club, and the administrator of the tanker as both are under civil responsibility.
The magistrates Juan Luis Pía, Salvador Sanz and Dolores Fernández evaluated that the losses for the Spanish State at 1.573 billion €, an amount which includes already paid compensations for some of the 18,000 affected.
France gets 61.2 million € and the Xunta only 1.8 million € as the competences correspond to the State and the autonomous Government indebted by 513 million € in 2005.
The amount fixed by the Court corresponds to the recycling of some 10,000 tons of residue which remain untreated. Smaller amounts already granted have gone to individuals via a State compensation scheme, as other bodies and town halls.
The chamber considered that the accredited and documented damage caused amounts to 931 million €, as they accepted the demands from the Prosecution – which ascended to 4.328 billion € - recognising 279 million for environmental damage, and 363 million for moral damages.
‘The moral damages caused are obvious, extensive and deep, not only for the fear, anger and frustration suffered by both the French and the Spanish, but also the aftermath of such a catastrophe as this magnitude which could have affected anyone of the same prejudiced’.
Judicial technicians – Compensation Consortium of Insurers – a State body any only 513 million € recognised and the Supreme Court in this sentence assumes this figure, as the magistrates in the chamber believed ‘the existence of technical demonstrations which support the needs to increase the compensation paid above the amount granted’
The International Oil Pollution Compensation Funds established the amount as 171.5 million €. The money deposited by the insurer in virtue of this international convention – 22.7 million € will be shared between those prejudiced and prorate.
The verdict can be appealed before the Second Hall of the Supreme Court before five days. The executive demand under British jurisdiction must be taken up by ‘the European legislation’. The A Coruña resolution allows for the embargoing of assets of residents in Spain, if they fail to pay to demands for compensation, but neither the ship-owner nor the assurer are domiciled in the Spanish State.
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The magistrates Juan Luis Pía, Salvador Sanz and Dolores Fernández evaluated that the losses for the Spanish State at 1.573 billion €, an amount which includes already paid compensations for some of the 18,000 affected.
France gets 61.2 million € and the Xunta only 1.8 million € as the competences correspond to the State and the autonomous Government indebted by 513 million € in 2005.
The amount fixed by the Court corresponds to the recycling of some 10,000 tons of residue which remain untreated. Smaller amounts already granted have gone to individuals via a State compensation scheme, as other bodies and town halls.
The chamber considered that the accredited and documented damage caused amounts to 931 million €, as they accepted the demands from the Prosecution – which ascended to 4.328 billion € - recognising 279 million for environmental damage, and 363 million for moral damages.
‘The moral damages caused are obvious, extensive and deep, not only for the fear, anger and frustration suffered by both the French and the Spanish, but also the aftermath of such a catastrophe as this magnitude which could have affected anyone of the same prejudiced’.
Judicial technicians – Compensation Consortium of Insurers – a State body any only 513 million € recognised and the Supreme Court in this sentence assumes this figure, as the magistrates in the chamber believed ‘the existence of technical demonstrations which support the needs to increase the compensation paid above the amount granted’
The International Oil Pollution Compensation Funds established the amount as 171.5 million €. The money deposited by the insurer in virtue of this international convention – 22.7 million € will be shared between those prejudiced and prorate.
|
The verdict can be appealed before the Second Hall of the Supreme Court before five days. The executive demand under British jurisdiction must be taken up by ‘the European legislation’. The A Coruña resolution allows for the embargoing of assets of residents in Spain, if they fail to pay to demands for compensation, but neither the ship-owner nor the assurer are domiciled in the Spanish State.
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