Key Takeaways

In the matter of Secatore, in the matter of Last Lap Pty Ltd (in liq) (FCA 2020), the FCA considered when it is appropriate for the Court to grant access to a liquidator’s confidential affidavit in support of an application for public examinations pursuant to ss596A and 596B of the Corporations Act 2001 (Cth) (the Act).

Note from the Editor

Welcome to the 2nd edition of this year’s Life Insurance Bulletin.

Everyone I trust is now a Zoom warrior and working remotely, well, it seems like we have been doing it all our lives.

Key Takeaways 

Whilst the life insurance industry has adjusted relatively smoothly to remote working during the current medical emergency, one aspect of dealing with disputes that does not sit well with this new way of doing things is the execution and witnessing of formal documents such as defences, deeds and affidavits.

Key Takeaways

In the decision of Felix v NULIS Nominees (Australia) Ltd, the FCA has dismissed a statutory SCT appeal by a super member against the SCT’s decision to affirm a TPD decline involving an ‘unlikely ever to be able’ TPD definition.

Case 658132

Key Takeaways

Once again, in considering a trauma policy, AFCA has demonstrated that it is not constrained by the terms of the actual policy in its pursuit of fairness for the consumers of insurance products.

Key Takeaways

In group policies where benefit levels are determined by an insured’s formal employment classification, the term ‘casual employment’ is often a critical (but often undefined) concept.

The Story So Far