Gard has now won a two-year court battle against the Norwegian government
When the self unloader Rocknes capsized in Vatlestraumen just south of Bergen on 19 January 2004 the subsequent cleanup cost NOK 127.0 million. Assuranceforeningen Gard has now won a two-year court battle against the Norwegian government to limit the P&I club’s exposure to NOK 38.0 million. Around the time of the accident, in which 19 people lost their lives, the limit for owners liability was increased from NOK 38.0 to NOK 90.0 million. The high court has now decided in favour of Gard’s interpretation of the law. There was never any dispute about the NOK 38 million.