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Case review 17/05/2022
The Commercial Court handed down judgment today in Piraeus Bank v Antares Underwriting Limited and others ('The ZOUZOU'), providing clarity in respect of the proper construction and scope of indemnity cover of mortgagee's interest insurance (MII) policies.
Article 16/05/2022
On 28 April 2022, HM Treasury published its Solvency II consultation paper following proposals set out by Economic Secretary to the Treasury at the Association of British Insurers annual dinner on 21 February 2022. In this article, we look at the reforms contained in the consultation, and the impact this will have now that the UK has left the EU.
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.
Article 12/05/2022
In 2021, we reported on Singapore’s new legislative framework for electronic bills of lading. The following 12 months have seen major developments in the UK regarding the legal recognition of electronic trade documents such as bills of lading, such developments which could have significant consequences for the shipping industry and its insurers.
Article 11/05/2022
Connecticut is the fifth state to pass a comprehensive privacy law. Senate Bill 6, “An Act Concerning Personal Data Privacy and Online Monitoring” (“CTDPA” or “Act”), passed in both chambers of the state legislature on April 22, 2022, and April 28, 2022, respectively, and Governor Ned Lamont signed it into law on May 10, 2022. The Act will go into effect on July 1, 2023, with the exception of certain provisions.
Article 10/05/2022
In this briefing, we consider the latest court decisions raising issues for the Quincecare duty, contribution claims against counsel, non-disclosure of material facts, COVID-19 business interruption losses and aggregation of claims.
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.
Case review 09/05/2022
In Page v Kidd & Spoor Harper Solicitors, Kennedys successfully defended an appeal against a grant of summary judgment on the basis that the claim was statute barred under s14B Limitation Act 1980.
News 09/05/2022
We have added a leading organised fraud specialist to strengthen our team and help safeguard clients from the rising cost of fraudulent claims. James Stevens is a former director and head of organised fraud at DWF Law, where over the last 11 years he has become well-known for his work relating to organised insurance fraud.
Article 09/05/2022
The State Opening of Parliament will take place on 10 May 2022, with the Queen’s Speech setting out the Government’s agenda and economic plans for the next session. We take a look at what new laws could be announced and what measures from last year’s Queen’s Speech are confirmed as being carried over.
