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Article 10-05-2023
The action taken by regulatory bodies in Australia against greenwashing has shown no signs of slowing down, with ASIC recently issuing an infringement notice to Future Super Investments Services for overstating its environmental impact in a Facebook post made in 2019. In this article, we discuss why regulators in Australia are concerned about greenwashing, recent action taken by ASIC and the ACCC as well as the impact of increased regulatory scrutiny on insurance and insurers.
Article 22-12-2022
The legislative regime for construction and building legislation in New South Wales is currently undergoing a major overhaul with the proposed introduction of three new Bills designed to improve the regulatory framework and create end-to-end accountability for those who participate in the building and construction industry. In this article, we look at the proposed changes in conjunction with the key trends and issues in construction and building claims emerging across the Australian States and overseas.
Article 28-10-2022
In 2020, the NSW Government implemented significant reforms focused on creating clear lines of accountability for defective building work. The reforms include the introduction of a statutory duty of care owed by ‘persons’ who carry out ‘construction work’ to take reasonable care to avoid economic loss caused by defects (Statutory Duty).
Case review 12-09-2022
In a rare cladding decision, the NSW Supreme Court in Strata Plan 92450 v JKN Para 1 Pty Ltd recently determined that the Plaintiff failed to demonstrate the use of combustible cladding on a building was a breach of the Building Code of Australia. Llinos Kent, Emily Schneider and Stephen Cremean review the decision and its implications for insurers and insureds.
Article 21-07-2022
Caught in the throes of an unrelenting El Nino/La Nina cycle, the Climate Council has warned that the mounting cost of natural disasters could leave 1 in every 25 properties in Australia high risk and uninsurable by 2030. In this article we explore the costs of, possible responses to and exposure lines of insurance have to climate change.
Case review 16-05-2022
In this article we consider the decision of Parkin v Boral Limited (Class Closure) [2022] FCAFC 47, which has given some clarity confirming the power of the Federal Court of Australia to allow notices of class closure upon approval of a settlement by the court.
News 10-05-2022
Global insurance and litigation law firm Kennedys has promoted six new partners in Australia, a significant share of the record round of 22 partner promotions worldwide that take effect from 1 May 2022. This is the largest round of internal promotions since Kennedys opened the first Australian office in 2006.
News 04-05-2022
We have promoted our largest ever number of lawyers to partner. With 22 new partners joining the partnership, it is more than double the number promoted last year (10) and takes our total worldwide partner count to 293.
Report 23-03-2022
In this publication, Kennedys experts answer a series of questions relating to Australian Insurance and Reinsurance Laws and Regulations and identify common issues, including regulatory authorities and procedures, (re)insurance claims, litigation and arbitration.
News 19-01-2022
Following the publication of The Legal 500 Asia Pacific 2022, the firm has seen some impressive rankings in the latest guide to top law firms and lawyers across the region.
