All material accounts receivable have been included in the financial statements and represent valid claims against debtors.

In indicator of achievement (a), after travel claims , add payroll, insurance, invoices and claims processing and add an indicator of achievement (c) reading (c) The availability of financial reports by the required dates .

Parties would need to ensure that the secretariat has adequate resources, both financial and personnel, to coordinate any such lawsuits and claims.

Some delegations expressed support for the requirement to have appropriate financial security to cover claims for compensation as proposed in paragraph 3.

In the short term, namely, when countries faced crises in their financial sector, an effective and predictable legal framework was necessary, in particular in terms of enforcement of financial claims, to assist the banks and other financial institutions in controlling the deterioration of their claims through quick enforcement mechanisms and to facilitate corporate restructuring by providing a vehicle that would create incentives for interim financing.

In the short term, namely, when countries faced crises in their financial sectors, an effective and predictable legal framework was necessary, in particular in terms of enforcement of financial claims, to assist the banks and other financial institutions in controlling the deterioration of their claims through quick enforcement mechanisms and to facilitate corporate restructuring by providing a vehicle that would create incentives for interim financing.

Sixth, the Panel noted that some claims with implausibly high claimed amounts have audited financial statements supporting what appeared to be inflated losses.

Second instalment category A claims corrections Third instalment category A claims corrections Fourth instalment category A claims corrections Fifth instalment category A claims corrections Sixth instalment category A claims corrections First instalment category C claims corrections Fourth instalment category C claims corrections

The fourthsecond group of overlapping claims initially consisted of E4 claims related to 39seven category C claims and 24 category C and D claims.

3. These measures should also include the requirement on the operator or, where appropriate, other person or entity, to establish and maintain financial security such as insurance, bonds or other financial guarantees to cover claims of compensation.

The average number of loss types is 3.14 for the claims in this instalment, compared with 2.01 for all claims in the regular category D claims programme, 1.93 for Jordanian claims and 1.71 for Kuwaiti claims.

Concerning the issue of duplicate claims, the secretariat indicated that it was aware of the risk of duplicate claims from the outset of claims processing and took steps to identify and eliminate such claims during the course of claims processing.

Upon review of the claims in this instalment for which audited financial statements were provided, the Panel became concerned about the authenticity of the allegedly contemporaneous audited accounts.

Iran also claims that the invasion and occupation caused a delay in the implementation of a fisheries project and that the delay caused financial loss to the IFC.

The average amount claimed for the claims in this instalment is about USD 2 million, compared to about USD 820,000 for all claims, about USD 934,000 for Jordanian claims and about USD 861,000 for Kuwaiti claims in the regular category D claims programme.

Of these claims, the Panel recommends awards of compensation for two claims, while no awards are recommended for the remaining 16 claims.

review of non overlapping claims in the FOURTHsecond group of overlapping claims

These E4 claims were considered in the second instalment of E4 claims.

Duplicate claims

Reclamation claims

Circumstances such as those described above raised concerns for the Panel about the evidentiary value of the audited financial statements provided in support of the claims in this instalment.

Of the 24 company claims in this instalment, 19 are stand alone claims four are corporate detainee claims and one is an E2 claim.

The process claims were allowed by the Patent Examiner, while the product claims disallowed.

Admissibility of claims

(e) Medical claims

Stand alone claims

The median amount claimed is about USD 470,000 for claims in this instalment, compared with about USD 263,000 for all claims, about USD 335,000 for Jordanian claims and about USD 276,000 for Kuwaiti claims in the regular category D claims programme Approximately 75 per cent of the claims in this instalment contain D8 D9 business losses in relation to unincorporated establishments in Kuwait.

The fifth F4 instalment includes a number of claims or parts of claims that were deferred from previous F4 instalments or transferred from other claims categories.

Third, the Panel noted that two claimants who filed competing claims for the same business provided audited financial statements from the same auditing firm for the same year with different figures.

The E4 claims population consists of claims submitted by Kuwaiti private sector corporations and entities, other than oil sector and environmental claims, eligible to file claims under the Commission's Claim Forms for Corporations and Other Entities ( Form E ).

As a result of the computer programme and manual follow up, 37,850 category A claims were identified as confirmed duplicate claims during the course of claims processing.

The individual category C and D claims in the thirtieth instalment are claims filed through a late claims programme established by the Governing Council for Palestinians who can demonstrate that they did not have a full and effective opportunity to file claims with the Commission during its filing period for individual claims from 1 January 1992 to 1 January 1996 (the regular filing period for individual claims ).

As stated above, the eligible category D Palestinian late claims have a higher incidence of loss types and higher amounts claimed than claims in the regular category D claims programme, giving rise to a potential risk of overstatement of the claims.

In addition, the searches identified 287 E4 claims in the remaining E4 instalments as potentially overlapping with 168 claims in category C and 203 claims in category D .

(v) Provision of secretariat services to the Claims Board and the Advisory Board on Compensation Claims.

(o) Ranking of claims

Valuation of secured claims

Category A corrections higher to lower amounts Family to individual The Government of the Philippines reported that 17 claims originally filed as family claims were in fact individual claims.

The secretariat has also used these electronic searches for duplicate claims in the Palestinian late claims programme, the Bedouin programme and the category A and C late claims programme.

As a result, approximately 5,000 duplicate claims were identified and eliminated during the course of claims processing.

Details of the claims or parts of claims that were deferred from previous F4 instalments or transferred from other claims categories are discussed in the relevant sections of this report.

Although the category D Panel (the D' Panel ) began its review of claims in 1996, the first five instalments of category D claims did not include any claims for business losses.

A preliminary examination of these claims revealed that some, but not all, of the Kuwaiti companies in issue had filed claims with the Commission, which were being processed as E4 claims.

The searches identified 104 E4 claims with approved awards of compensation in the first seven instalments as potentially overlapping with 61 claims in category C and 70 claims in category D .

Claims preparation costs A number of category D claimants have made claims for claims preparation costs incurred by them, either in amounts specified on the claim form or in general terms.