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Statutory limitation period for a court action to be filed against insurers runs from the date of the loss, not the date of declinature
Key takeaways The New South Wales Court of Appeal has held that a policyholder’s cause of action against an insurer arises when the insured event …
HKMA turns up the heat and announces consultation on IBOR transition
On 12 February 2019, the Hong Kong Monetary Authority (HKMA) announced in a briefing to the Legislative Council Panel on Financial Affairs that the …
The Brexit Podcast
Our regular series of podcasts to keep you up-to-date with the critical issues facing business post-Brexit.On our Herbert Smith Freehills Podcast …
Competing class actions are again in the spotlight
The Full Federal Court has confirmed that the Court has the power to solve the growing problem of competing class actions and stop copycat class actions …
Comments on UK proposal for the future relationship with the EU
Last Friday, 6 July, it was understood that the UK Cabinet had finally united around a UK position on the desired future relationship with the EU. …
Court of Appeal upholds policyholder’s right to recover costs of ‘voluntary’ remediation works
The NSW Court of Appeal has recently confirmed that a policyholder is entitled to recover under its liability policy the costs of ‘voluntarily’ …
Insurer on notice of potential indemnity waives compliance with duty of disclosure
A recent decision of the New South Wales Court of Appeal1 reminds us that (1) contractually assumed exclusions of liability must be carefully considered …
Class Actions and Litigation Funding
Class actions place an enormous burden on corporate Australia and the growth of the country’s sophisticated third party litigation funding market has …
Wording conflict resolved in favour of policyholder
The New South Wales Court of Appeal has resolved a conflict in the provisions of a policy in favour of the policyholder in a decision which emphasises …
Text of the revised Trans-Pacific Partnership agreement released
The Department of Foreign Affairs and Trade has released the final text of the revised Trans-Pacific Partnership. Following the withdrawal of the United …
11 States Agree on Comprehensive and Progressive Agreement for Trans-Pacific Partnership
The Trans-pacific partnership has been resurrected with 11 Pacific nations reaching agreement in Japan to sign the revised deal, despite the United …
Preview of 2018
A schedule of anticipated legal developments for the year ahead. Preview of 2018 This publication contains information …
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