Martin John Green in his Capacity as Liquidator of Arimco Mining Pty Limited (in liquidation) v CGU Insurance Limited & Ors [2005] NSWSC 254

Reported Decision : (2005) 23 ACLC 545 (2005) 13 ANZ Insurance Cases 61-650

New South Wales Supreme Court

CITATION : Martin John Green in his Capacity as Liquidator of Arimco Mining Pty Limited (in liquidation) v CGU Insurance Limited & Ors [2005] NSWSC 254

HEARING DATE(S) : 14 December 2004, 21 March 2005

JUDGMENT DATE : 31 March 2005

JURISDICTION : Commercial List

JUDGMENT OF : Bergin J

DECISION : Leave to proceed granted

CATCHWORDS : Application for leave to proceed against insurer under s 6 of the Law Reform (Miscellaneous Provisions) Act 1946 - Claims of breaches of the Corporations Act against former directors of the plaintiff - Whether directors are a "party to" the insurance contract - Whether there is a viable defendant.

Corporations Act 2001 (Cth) LEGISLATION CITED : Insurance Contracts Act 1984 (Cth) Law Reform (Miscellaneous Provisions) Act 1946 (NSW)

Aspioti v Leigh & Ors [2003] NSWSC 1224 Bailey v New South Wales Medical Defence Union Ltd (1995) 184 CLR 399 Brambles Holdings Ltd v Bathurst City Council (2001) 53 NSWLR 153 Carden & Ors v CE Heath Casualty & General Insurance Ltd & Ors; Grey & Ors v CE Heath Casualty & General Insurance Ltd & Ors (1992) 7 ANZ Ins Cas 61-147 CE Heath Casualty & General Insurance Ltd v Grey & Ors (1993) 32 NSWLR 25 CASES CITED : Kinzett v McCourt (1999) 46 NSWLR 32 Ripper v Gatenby (2002) 10 Tas R 435 Schipp v Cameron (1995) 8 ANZ Ins Cas 61-256 Trident General Insurance Co Ltd v McNiece Bros Pty Ltd (1988) 165 CLR 107 Tzaidas v Child (2004) 208 ALR 651