Publications (1525)

Welcome to the latest edition of our National Insolvency & Reconstruction Quarterly Review for the period 1 January 2017 to 31 March 2017. 

Summary

The UK Supreme Court recently handed down its decision on an appeal concerning a professional indemnity policy's aggregation clause. The issue in dispute was over precisely what was meant by the phrase "in a series of related matters or transactions", and whether it served to aggregate underlying claims.

Last April, the Federal government provided ASIC $57 million to launch the 'HMAS Enforcement and Surveillance'. This ship is currently steaming around the financial services seas and has already taken aim at a number of issues facing the life insurance, general insurance and banking sectors.

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