Clyde & Co has boosted its corporate insurance offering, welcoming back solicitor Yvonne Lam after her stint at Gilchrist Connell.
Another company is being pulled into a class action over a fatal bus crash in NSW’s Hunter Valley, with infrastructure consulting firm AECOM planning a cross-claim against engineering firm GHD Australia.
Engineering firm GHD Australia is the latest company to be pulled into a class action over a bus crash in NSW’s Hunter Valley that killed 10 passengers, a court has heard.
The applicant in a class action over a COVID-19 outbreak aboard the Ruby Princess is seeking an $8 million costs order against Carnival, after the cruise ship operator lost its challenge to a negligence finding.
The funder behind a class action against the operator of Gladstone Port has bowed out after spending $30 million on the case, and is weighing proceedings to recover its sunk costs from the law firm that initially ran the litigation.
Nuix has lodged an appeal of a ruling finding it owes $20 million before its insurers will cover its legal bills for lawsuits over its $1.8 billion float.
Nuix is on the hook for $20 million before its insurers will cover its legal bills for suits over its $1.8 billion float, with a judge saying there was a good reason for the significant retention given the “notorious” expense of securities class actions.
The construction and infrastructure sector is seeing a growing demand for professional indemnity specialists in the wake of increased government investment over the last ten years and rising complexities around insurance policies, a Clyde & Co partner has told Lawyerly.
Carnival has lost an appeal of a finding in a class action that it was negligent in preventing a COVID-19 outbreak aboard the Ruby Princess cruise ship, but an appeal by the applicant over damages has also failed.
The co-owners of the Pacific Werribee shopping centre in Victoria are seeking to join collapsed builder Probuild’s primary insurer AIG and several excess insurers to their case over $356 million in alleged defects.