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Insurance: NZ earthquake case on red zones

  • CMS Cameron McKenna
  • -
  • New Zealand
  • -
  • April 25 2013

A recent decision in New Zealand (O'Loughlin v Tower Insurance) concerning the recoverability of losses to a property as a result of it being in the

Insurance: update on NZ earthquake cases

  • CMS Cameron McKenna
  • -
  • New Zealand
  • -
  • April 23 2013

Between September 2010 and June 2011 the Christchurch area of New Zealand was hit by a series of earthquakes of differing levels of intensity

Court upholds Rena owners' right to create a limitation fund

  • Chapman Tripp
  • -
  • New Zealand
  • -
  • April 8 2013

The High Court has authorised the Rena's liability insurer to create a limitation fund. The fund will provide security for claims - within a

Steigrad revisited - the scope of D&O insurance

  • Buddle Findlay
  • -
  • New Zealand
  • -
  • March 13 2013

In our November 2011 Banking and Commercial Law legal update we discussed the impact of the Steigrad v BFSL 2007 Ltd (Auckland High Court, 15

The Court of Appeal on D&O policies: the "Steigrad decision"

  • Chapman Tripp
  • -
  • New Zealand
  • -
  • February 14 2013

In the hectic run up to Christmas last year, we sent you a brief advisory note on the reversal by the Court of Appeal of the High Court's

Directors' rights to defence costs under D&O policies revisited

  • Bell Gully
  • -
  • New Zealand
  • -
  • February 7 2013

The Court of Appeal has reversed a 2011 High Court decision, ruling that third party claimants do not have a charge under the Law Reform Act 1936

D&O insurance and defence costs improved clarity for company directors following successful Bridgecorp appeal

  • Herbert Smith Freehills LLP
  • -
  • Australia, New Zealand
  • -
  • February 1 2013

Many readers will by now be aware that on 20 December 2012 the New Zealand Court of Appeal allowed an appeal against a September 2011 single judge

Bridgecorp decision overturned

  • Gilbert + Tobin
  • -
  • New Zealand
  • -
  • January 17 2013

In a judgment that will be welcomed by both insurers and insureds, the New Zealand Court of Appeal has confirmed that, contrary to the first instance

Bridgecorp appeal: the latest on defence costs under a D&O policy and the application of a statutory charge

  • Clayton Utz
  • -
  • Australia, New Zealand
  • -
  • January 14 2013

Should companies purchase a defence costs only policy, separate to their D&O policy, to cover their directors and officers? This has been a live

Bridgecorp overturned

  • Kennedys
  • -
  • Australia, New Zealand
  • -
  • January 9 2013

The Court of Appeal of New Zealand has overturned the Auckland High Court judgment in Steigrad v BFSL 2007 Limited (Bridgecorp) which was handed down in

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