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Results: 1-10 of 51

The New Zealand Supreme Court decision in Bridgecorp - clarification on the effect of statutory charges to D&O policies?

  • Norton Rose Fulbright LLP
  • -
  • New Zealand
  • -
  • February 28 2014

On 23 December 2013, the Supreme Court of New Zealand, (that country’s highest court) delivered judgment in the much anticipatedBridgecorp12 appeal

Supreme Court overturns Steigrad decision on directors' defence costs

  • Bell Gully
  • -
  • New Zealand, United Kingdom
  • -
  • February 17 2014

The Supreme Court released its decision at the end of last year in the Steigrad litigation, ruling that third party claimants do have a statutory

Liability insurance - unanswered questions for insurers and insureds

  • Russell McVeagh
  • -
  • New Zealand
  • -
  • February 10 2014

When the Supreme Court overturned the Court of Appeal decision in Steigrad just before Christmas, directors and their insurers were again faced with

The trans-Tasman gulf on advancing defence costs under a D&O policy widens

  • Clayton Utz
  • -
  • Australia, New Zealand
  • -
  • February 6 2014

New Zealand and NSW differ on whether an insurer can advance defence costs while on notice of a statutory charge before liability to the third party

Bridgecorp update

  • McInnes Wilson Lawyers
  • -
  • Australia, New Zealand
  • -
  • January 30 2014

In our November 2011 Update we discussed the decision of the Steigrad and Ors v Bridgecorp (Bridgecorp) and foreshadowed some concerning

Director's insurance - Supreme Court decides against company directors

  • Simpson Grierson
  • -
  • New Zealand, United Kingdom
  • -
  • January 21 2014

Directors routinely ensure that they have D&O insurance to protect them and pay for their defence costs if they are personally sued. However, the

Supreme Court D&O decision affects all liability insurance

  • Chapman Tripp
  • -
  • New Zealand, United Kingdom
  • -
  • January 20 2014

All cost-inclusive insurance liability policies need to be reviewed following a Supreme Court judgment late last year, the effect of which is to deny

Section 6 and defence costs NZ Supreme Court overturns Bridgecorp

  • DLA Piper LLP
  • -
  • Australia, New Zealand
  • -
  • January 6 2014

On 12 July Flashlight reported on the NSW Court of Appeal's unanimous decision that in circumstances where a section 6 charge had been asserted on

Ghost of Christmas past directors’ defence costs and the Bridgecorp litigation

  • King & Wood Mallesons
  • -
  • Australia, New Zealand
  • -
  • December 24 2013

Yesterday, the Supreme Court of New Zealand set aside the Court of Appeal's decision, concluding that where there was insufficient insurance cover to

Supreme Court overturns Steigrad decision on directors' defence costs

  • Bell Gully
  • -
  • New Zealand, United Kingdom
  • -
  • December 23 2013

Christmas came early for investors in failed finance company Bridgecorp, in the form of a Supreme Court ruling that Bridgecorp's claim to insurance