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Win to ASIC in responsible lending regime

  • Chapman Tripp
  • -
  • Australia, New Zealand
  • -
  • August 29 2014

The Australian Securities and Investment Commission (ASIC) has flexed its muscles in relation to the responsible lending regime and obtained a

How underwriting guidelines saved an Australian insurer $250,000

  • Cooper Grace Ward
  • -
  • Australia
  • -
  • August 27 2014

The recent Queensland Court of Appeal decision of Michail v Australian Alliance Insurance Company Ltd 2014 QCA 138 reinforces that clear and

Exclusion of liability consequential loss

  • Norton Rose Fulbright Australia
  • -
  • Australia
  • -
  • August 27 2014

When entering into infrastructure contracts, parties will attempt to negotiate a careful bargain ensuring their risk is minimised. The incorporation

The tortuous path to avoidance - Graham v Colonial Mutual Life Assurance Society Limited (No 2) 2014 FCA 717

  • Norton Rose Fulbright Australia
  • -
  • Australia
  • -
  • August 25 2014

Recent amendments to the Insurance Contracts Act 1984 (Cth) (ICA) provide some relief to life insurers, particularly in relation to the remedies

Transfer of insurance business: dispensation of requirements of the Insurance Act 1973

  • Norton Rose Fulbright LLP
  • -
  • Australia
  • -
  • August 25 2014

Under Division 3A Part III of the Insurance Act 1973 (Cth) (the Act) a general insurer may transfer insurance business to another general insurer upon

Common interest privilege between insurers and insureds and the Asahi case

  • Norton Rose Fulbright Australia
  • -
  • Australia
  • -
  • August 25 2014

At common law, a person who would be otherwise entitled to the benefit of legal professional privilege may waive the privilege. If a privileged

Getting your priorities right

  • Norton Rose Fulbright Australia
  • -
  • Australia
  • -
  • August 25 2014

A recent judgment of the New South Wales Court of Appeal helpfully illustrates the operation of the priority in relation to reinsurance proceeds

The new frontier: cyber risk management and insurance part 1

  • Clayton Utz
  • -
  • Australia
  • -
  • August 21 2014

Every day we share more information electronically, and companies handling this increasing volume of data face increasing risks from hackers, viruses

Assessment of damages in credit hire claims

  • Russell Kennedy
  • -
  • Australia
  • -
  • August 20 2014

On 14 August 2014, Assessor Olischlager of the New South Wales Local Court handed down his judgment in a matter in which the Defendant's insurer was

Victorian building actions can be commenced up to 10 years after work is completed

  • Lander & Rogers
  • -
  • Australia
  • -
  • August 8 2014

The Victorian Court of Appeal has clarified that the time limit in Victoria for bringing a building action, whether it be in tort or contract, is 10