Justice Was Wrong Not To Consider Leave To Appeal On Runoff Policy, Court Says

Justice Was Wrong Not To Consider Leave To Appeal On Runoff Policy, Court Says

SYDNEY, Australia - The New South Wales Court of Appeal held April 1 that a New South Wales Supreme Court justice should not have issued an order setting aside an arbitration award and finding that reinsurers owe no coverage for claims made and notified within three years under a directors and liability insurance runoff policy without considering the leave to appeal first (Gordian Runoff Ltd. v. Westport Insurance Corp., No. 40129/09, New South Wales App.). Full story on lexis.com

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