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Calderbank offers trigger early settlement negotiations
Calderbank offers and offers of compromise are effective tools that can initiate settlement negotiations and potentially resolve legal proceedings at an early stage. These offers can also create significant costs consequences when effectively drafted, making them a valuable strategy for both plaintiffs/applicants and defendants/respondents.
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Victorian Ombudsman investigates VMIA's DBI claim handling
The Victorian Ombudsman has called for submissions regarding the Victorian Managed Insurance Authority's (VMIA) handling of domestic building warranty insurance claims. This investigation is of great importance to the entire domestic building industry, as a cost-effective, fair, and efficient last resort insurance scheme is critical for both consumers and industry participants.
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Plumbing defects and insurance claims under ministerial order
While domestic building insurance (DBI) claims often take the spotlight, it is equally important to understand the Licensed Plumbers General Insurance Order 2002 and its implications for plumbing defects and subsequent insurance claims. Plumbing issues, such as water leaks, are prevalent in houses and strata properties, and property insurance policies often exclude defects.
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The problem of builders 'tapping the mat' in Victoria
The issue of builders 'tapping the mat' (becoming insolvent) in Victoria continues to be a major problem, leaving everyday Victorians facing significant financial losses and a host of other challenges.
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Insureds must monitor unresolved litigation to mitigate risks
Insureds with liability policies, such as professional indemnity (PI) insurance, often find themselves in a situation where they are being sued, and a panel law firm appointed by the insurer is handling the litigation.
Articles about Litigation page 5
We write about recent legal updates, significant court cases, and changes to regulations. Keep informed about the latest developments in Australian law.