Early settlement saves on policy limit / defence costs
We assisted an insurer to settle out of a potentially long-running dispute by paying a proportion of the policy limit in satisfaction of all claims. Whilst the amount paid was substantial, it represented a large discount on the total limit, and removed the exposure for defence costs (which were potentially uncapped).
June 12, 2019
DIF III – Global Co-Investment Fund LP v Babcock & Brown International Pty Limited  NSWSC 527 Babcock and Brown (B&B)…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
September 14, 2018
Murray v Great Southern Managers Australia Ltd  VSC 416 Facts In August 2011, a group proceeding was commenced on behalf…Continue reading