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A summary of major developments in key areas

  • Herbert Smith Freehills LLP
  • -
  • Australia, European Union, Indonesia, Myanmar, United Kingdom
  • -
  • March 7 2013

The Financial Reporting Council (FRC) and institutional bodies have published the following guidance in relation to corporate governance and

D&O: expansion of personal liability of directors

  • Norton Rose LLP
  • -
  • Australia
  • -
  • March 13 2012

Australian law recognises that a company is a separate legal entity from its directors, officers and shareholders, and that directors are not generally liable for the debts of companies

Professional indemnity: construction - limitation period and recovery

  • Norton Rose LLP
  • -
  • Australia
  • -
  • March 13 2012

In Vero Insurance Ltd v Kassem 2011 NSWCA 381, the NSW Court of Appeal recently held that where a breach of statutory warranty is established under the Home Building Act 1989 (NSW), the limitation period does not necessarily commence on the date of practical completion, but may commence on the earlier date of completion of the specific works or part of the works to which the dispute relates

Principal’s duty ‘set in stone’

  • McInnes Wilson Lawyers
  • -
  • Australia
  • -
  • April 1 2011

The plaintiff, Tricia Pahi, sustained a repetitive strain injury to her left wrist whilst engaged in the work of repackaging ice cream products for Unilever Australia Limited tas Streets Ice Cream (Streets

Confirmed - contract works insurance policy is not a construction contract

  • Norton Rose LLP
  • -
  • Australia
  • -
  • August 31 2009

In the December 2008 edition of the Deacons Insurance Update, we reported on the attempt by a design and construct contractor to use the Building Industry Security of Payment Act 1999 (Act) to obtain a progress payment under a Construction Risks Insurance Policy (Policy