Most Recent
Moray & Agnew resolves case against insurer over $3.7M settlement with developer
Insurance 2022-07-27 3:16 pm By Christine Caulfield

Law firm Moray & Agnew has reached an agreement with insurer Arch Underwriting in its case seeking coverage of part of a $3.7 million settlement with Melbourne property developer Harry Stamoulis.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Lloyd’s wins docs to probe basis for Moray & Agnew’s $3.7M settlement
Insurance 2022-03-16 4:06 pm By Miklos Bolza

Lloyd’s has won access to letters between Moray & Agnew and an insurer to test its claims that a $3.7 million settlement the law firm agreed to over the sale of apartments at a $105 million South Yarra complex developed by millionaire Harry Stamoulis was excessive and made to protect the firm’s reputation.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Insurer denies policy covered ‘excessive’ $3.7M Moray & Agnew settlement
Insurance 2022-03-11 1:32 pm By Miklos Bolza

A Lloyd’s syndicate has hit back at a lawsuit by Moray & Agnew, saying it did not have to cover part of a $3.7 million settlement between the law firm and a Melbourne property developer because the amount agreed to was “excessive”.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Insurers defeat appeals in COVID-19 business interruption test cases
COVID-19 2022-02-21 5:11 pm By Christine Caulfield

An appeals court challenge by a group of small businesses seeking coverage under business interruption insurance policies for losses flowing from COVID-19 restrictions has largely failed.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Top judge did ‘unexplained violence’ to Star’s business interruption policy, Full Court told
Insurance 2021-11-08 9:42 pm By Miklos Bolza

In rejecting a bid by The Star Entertainment Group to recoup losses stemming from the COVID-19 pandemic, the Federal Court’s Chief Justice did “real and unexplained violence” to the construction of a business interruption policy the casino giant had taken out with Chubb, the Full Court has heard.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Insurers largely prevail in second COVID-19 test cases
Insurance 2021-10-08 5:13 pm By Christine Caulfield

Insurers have largely succeeded in challenging COVID-19 business interruption losses claimed by a group of small businesses, in an important second test case that could save the industry billions of dollars.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

QBE wins appeal in Opal Tower coverage row with Icon, but no success for Liberty
Insurance 2021-07-21 6:04 pm By Miklos Bolza

The Full Federal Court has found that Liberty Mutual Insurance, but not QBE, is required to cover Icon Construction’s losses stemming from the Opal Tower disaster, which has caused the builder $31 million in losses.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Westpac gets lion’s share of proceeds from ‘anxious’ sale of collapsed fintech Sargon Group
Restructuring & Insolvency 2021-04-26 4:04 pm By Miklos Bolza

Westpac will recoup the majority of proceeds from the $29.6 million sale of collapsed fintech Sargon Group, with a judge calling the company’s liquidators “anxious sellers” who sold at speed and well below market value.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Toyota class action seeks aggregate damages for ‘significant impact’ of defects on fuel use
Class Actions 2020-12-23 2:53 pm By Spencer Fowler Steen

A lawyer for group members in a class action against Toyota is seeking aggregate damages relating to vehicle defects that allegedly had a “significant impact” on fuel consumption.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Insurer appeals ruling putting it on hook for Opal Tower coverage
Insurance 2020-11-17 10:37 am By Cat Fredenburgh

Insurer Liberty Mutual is challenging its loss in a coverage dispute with construction company Icon Co over $31 million in losses stemming from Sydney’s Opal Tower, whose residents were evacuated after cracks appeared in the tower’s walls on Christmas Eve in 2018.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?