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).
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
June 12, 2018
The Australian class action landscape has seen unprecedented growth in the past decade. Part of that growth has been the troubling…Continue reading