Insights (Newsletters)Media ReleasesNewsVideos25 March 2010
Clearer guidance on when third parties can access corporate insurance policies
Shareholders or members of managed investment schemes who need to know if it makes financial sense to sue a company and its directors will take comfort from the recent decision in the Western Australia Supreme Court, Snelgrove v Great Southern Managers Australia Ltd (in liq) (receiver and manager appointed) [2010] WASC 51, which allowed plaintiffs to access the insurance policies of the company to assess the viability of legal action.
Clearer guidance on when third parties can access corporate ...25 Mar 2010 ... Shareholders or members of managed investment schemes who need ... followed by two more cases, Lehman Brothers and Centro, ... The liquidators of the scheme had four arguments why the court should refuse the application: ... www.claytonutz.com/.../clearer_guidance_on_when_third_parties_can_access_corporate_insurance_policies.page - Cached
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