Lwyr Up

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Insurance coverage advice and declinature risk protection.

Lwyr Up
13 November 2020

Services

We assisted our client – whose workers accidentally caused a bushfire leading to greater than $20 million damage – to make an insurance claim and protect against declinature risk.

Work included providing policy coverage advice, obtaining a solvency opinion, quickly effecting an appropriate, legal restructure (closely following professional external tax advice), and arranging to appoint an external administrator.

This work preserved and protected the business at the same time as it opened the door for direct access between those people affected by the fire and the relevant insurer.

Ritchie v Advanced Plumbing and Drains Pty Ltd [2019] NSWSC 1028 (16 August 2019)

Allyson Hogan is the Principal Solicitor and Legal Director of Namadgi Legal.

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