Substantial claims for consequential losses

We represented London Underwriters in an indemnity dispute regarding claims for consequential losses in excess of $30 million brought by a construction consortium. The claims related to delays experienced in the construction of a major public project for the storage of stormwater runoff in the Sydney metropolitan area.


Related Articles

APPEAL OUTCOME REMINDS INSURERS TO CONSIDER FULL WORDING & EFFECT IN POLICY CONSTRUCTION

Legal Directions

WFI Insurance Ltd v Manitowoq Platinum Pty Ltd [2018] WASCA 89 Background In our Legal Directions dated 1 May 2017, we…

Continue reading

THE DOOR REOPENS: LOT OWNER CLAIMS AGAINST OWNERS CORPORATIONS

Legal Directions

McElwaine v The Owners – Strata Plan 75975 [2017] NSWCA 239 The NSW Court of Appeal has resurrected the potential for…

Continue reading

PROPERTY INSURANCE – LIMITATION PERIOD CURTAILED BY IMMEDIATE OBLIGATION TO INDEMNIFY

Legal Directions

Globe Church Incorporated v Allianz Australia Insurance Ltd [2019] NSWCA 27 The limitation period for a claim under an ‘indemnity’ property…

Continue reading