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Credit Suisse has dropped its claim for indemnity against insurance agent BCC under a trade credit policy issued prior to Greensill Capital’s collapse in 2021, with a judge hearing the admission marks a "complete u-turn in the case".
Insurers Marsh Limited and Insurance Australia Limited are seeking production of two reports by Deloitte commissioned by a Swiss law firm in litigation over the collapse of supply chain finance company Greensill Capital.
Insurance Australia Limited has settled $4 billion action brought by Germany's Greensill Bank and its administrator ahead of a six-month trial against the insurer and others over the failure of the trade financier.
Construction PRO
A judge has granted Hassall Developments' bid to join insurance broker Arthur J. Gallagher to a lawsuit against QBE over an $80 million special risks policy after “serious defects” were allegedly found in its Imperial Towers development in Parramatta.
Construction PRO
Mining magnate Gina Rinehart has argued she should be dismissed from a dispute with a neighbour at her Sundown Valley cattle station over a fence, with the neighbor telling a judge no lawyer will represent her in the dispute with the billionaire.
A former managing director of ratings agency Nielsen, who alleges she was unfairly dismissed after her husband was fired from the company, has lost her bid to be temporarily reinstated.
A judge has agreed to delay a trial by five months in a group of cases over supply chain finance company Greensill’s $1.7 billion collapse, over the vehement protests of the firm's administrator.
A newly appointed judge has disqualified himself from hearing a group of cases over Greensill’s $1.7 billion collapse, after he acted as counsel for insurer Marsh in a related dispute.
Greensill has a "clear case" for recusal of a judge poised to hear cases over its $1.7 billion collapse, who previously acted as senior counsel for insurer Marsh in a satellite dispute.
Defunct Greensill Group has filed a bid to disqualify a recently appointed Federal Court judge from hearing a case over its $1.7 billion collapse.