Claim for repeated failure of overseas water treatment facility
We acted for London based underwriters in resolving a multi million dollar dispute arising from repeated failure of filter membranes in an overseas water treatment facility. The insureds were joint venturers based in Australia and in the country where the water facility was located. The issue in dispute was the extent to which the joint venturers’ construction works policy responded given the recurring nature of the damage and the steps taken between episodes of damage to prevent further loss. The claim was able to be resolved before litigation ensued.
August 24, 2017
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