Directors of unincorporated association
We acted for the members of the board of an unincorporated association (insured under the Victoria Managed Insurance Authority’s NGO program) that went into liquidation. The liquidator sued the members for insolvent trading, with the members seeking indemnity under the directors and officers cover of the NGO program. Following settlement of the claim, we provided advice the VMIA as to how to amend its policy wording in relation to insolvent trading.
March 8, 2018
In its recent decision in Rushleigh Services Pty Ltd v Forge Group Limited (In Liquidation) (Receivers and Managers Appointed)  FCA…Continue reading
November 20, 2018
Bank of Queensland Ltd v AIG Australia Ltd  NSWSC 1689 Clients of a financial planner had been defrauded in a…Continue reading
June 4, 2020
In our article published on 30 April 2020, we canvassed some potential implications arising from the COVID-19 outbreak for D&O insurance.…Continue reading