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D&O down under
  • Mills & Reeve LLP
  • Australia, New Zealand, United Kingdom
  • July 18 2014

A December 2013 decision of the New Zealand Supreme Court fundamentally influenced the treatment of competing interests under directors' and

Directors and officers insurance checklist
  • Johnson Winter & Slattery
  • Australia, New Zealand
  • April 29 2014

This document outlines a checklist of some of the key questions that directors and officers should ask about their D&O cover and the terms of their

BFSL 2007 Ltd v Steigrad 2013 NZSC 156
  • Hesketh Henry
  • New Zealand
  • April 28 2014

On 23 December 2013, the Supreme Court delivered a controversial decision on the operation of s 9 of the Law Reform Act 1936 on costs-inclusive

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

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 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

D&O insurance considered in Australia
  • Buddle Findlay
  • Australia, New Zealand
  • August 16 2013

In our March 2013 banking and Commercial Law legal update we summarised the Court of Appeal's decision in Steigrad v BFSL 2007 Limited 2012 NZCA

Government proposes new exceptions for insurers under unfair contract legislation
  • Bell Gully
  • New Zealand
  • July 24 2013

Many insurers will be aware that the Consumer Law Reform Bill introduces a new regime for unfair contract terms. The Bill allows the Commerce

Business law reform legal update
  • Buddle Findlay
  • New Zealand
  • March 27 2013

In this update we summarise the outcome of a number of law reform projects from June 2012 to March 2013

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