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Liberty Mutual Insurance does not have to indemnify dam operator Sunwater for its share of a $440 million settlement of the Queensland floods class action, the NSW Supreme Court has found.
The federal government is facing a class action over alleged biosecurity breaches that led to the 2016 outbreak of white spot disease in South-East Queensland, which decimated the region’s commercial prawn industry.
Clyde & Co made an “inextricable” oversight in preparing an unpaid works claim, causing a Sydney-based sandstone excavator to lose millions of dollars, according to a cross claim in a case brought by the law firm for unpaid fees.
Three law firms and a consultancy are fighting a bid by defunct financial advisor Dover Financial to bring negligence claims against two lawyers over a so-called client protection policy found to be "an exercise in Orwellian doublespeak".
Two law firms accused of providing negligent advice to Dover Financial over a so-called client protection policy found to be "highly misleading" have argued the defunct financial advisor should not be able to recover the $1.2 million penalty it was ordered to pay.
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.
Carnival has launched a challenge to last month's court finding that overseas passengers could remain group members in a class action over the 2020 Ruby Princess COVID-19 outbreak.
Insurers are misleading policyholders about class actions which seek compensation for those denied business interruption coverage for COVID-related shutdowns, a court has heard.
While a first test case in NSW rejected insurers' interpretation of infectious disease exclusions in COVID-19 business interruption policies, potentially putting the industry on the hook for billions of dollars in claims, QBE says the law is on its side in Victoria.
A judge has vacated a March hearing in a class action against cruise operator Carnival over last year's Ruby Princess COVID-19 outbreak, a week after resolving an almost year-long dispute about whether overseas passengers could be part of the proceeding.