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Opal Tower engineer takes insurers to court over class action coverage
Insurance 2022-03-30 1:50 pm By Cat Fredenburgh

The structural engineer behind Sydney’s Opal Tower has taken builder Icon’s insurers to court, arguing they should cover its costs in a class action brought on behalf of residents of the ill-fated building and related litigation.

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High Court grants Western Power special leave in bushfire class action
High Court 2022-03-22 2:17 pm By Miklos Bolza

The High Court will hear a challenge by Western Power to an appeals court judgment which found that the state-owned electricity supplier breached its duty of care to inspect power poles on private land and was partly liable for property damage from the 2014 Perth Hills bushfire.

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Lloyd’s scores win in COVID-19 business interruption insurance case
Insurance 2022-03-11 3:14 pm By Miklos Bolza

Lloyd’s has scored a win in a COVID-19 business interruption case, with a judge ruling the insurer can rely on a conformity clause in its insurance contract with a Snap Fitness franchisee to deny coverage.

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eSense directors cop $190,000 penalty over defamatory letters, ASX statements
Defamation 2022-02-25 10:38 pm By Bianca Hrovat

The former directors of an Isreali life sciences company have been hit with $190,000 in damages after a judge found they maliciously defamed a former colleague in a series of ASX announcements and letters.

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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.

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INPEX, JKC settle spat over $45B Ichthys LNG project
Energy & Natural Resources 2022-01-19 11:12 am By Bianca Hrovat

Japanese oil and gas producer INPEX and contractor JKC Australia have settled all claims between them relating to the construction of the $45 billion of Ichthys LNG project.

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Sophie Grace hits back at $15.4M lawsuit over Gallop International collapse
Professional Negligence 2022-01-17 6:14 pm By Cindy Cameronne

Compliance and legal specialist Sophie Grace has rejected allegations it was responsible for defunct forex trader Gallop International Group’s collapse after it allegedly loaned $15.4 million in investor funds to the company’s director in Hong Kong.

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Class action against Zurich over faulty apartments gets go-ahead
Insurance 2021-12-13 5:20 pm By Miklos Bolza

A class action against Irish insurer Zurich Insurance Plc by unit owners of the defective New Zealand-based Victopia Apartments can proceed in Australia after the NSW Supreme Court ruled the case could not be filed elsewhere.

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Opal Tower engineer wins bid to probe scope of insurers indemnity of Icon
Class Actions 2021-12-02 4:54 pm By Miklos Bolza

The structural engineer behind Sydney’s ill-fated Opal Tower can examine whether builder Icon Co has been indemnified for $31 million worth of damage which occurred in the 36-storey apartment block on Christmas Eve of 2018, a court has found.

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PwC strikes back in class action over $50M Axsesstoday prospectus
Class Actions 2021-11-30 6:30 pm By Cindy Cameronne

Professional services giant PricewaterhouseCoopers has hit back at a class action over a $50 million prospectus for Axsesstoday, filing a cross-claim against the asset finance lender and saying it “takes no responsibility” for allegedly defective offer documents.

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