Australian Rail Track Corporation Limited v QBE Insurance (Europe) Limited [2012] NSWSC 952

Supreme Court New South Wales

Medium Neutral Citation: Australian Rail Track Corporation Limited v QBE Insurance (Europe) Limited [2012] NSWSC 952 Hearing dates: 1 August 2012 Decision date: 21 August 2012 Jurisdiction: Equity Division - Commercial List Before: Stevenson J Decision: Declaration sought refused Catchwords: INSURANCE - construction of policy - applicability of excess provision Legislation Cited: Law Reform (Miscellaneous Provisions) Act 1946 Transport Administration Act 1988 Transport Administration Amendment (Rail Corporatisation and Restructuring) Act 1996 Transport Authorities Act 1980 Cases Cited: Australian Broadcasting Commission v Australasian Performing Rights Association Ltd (1973) 129 CLR 99 Australian Casualty Co Ltd v Federico (1986) 160 CLR 513 Cordon Investments Pty Ltd v Lesdor Properties Pty Ltd [2012] NSWCA 184 Technical Products Pty Ltd v State Government Insurance Office (Queensland) (1989) 167 CLR 45 The Southern Cross Assurance Co Limited v Australian Provincial Assurance Association Limited (1935) 53 CLR 618 Category: Principal judgment Parties: Australian Rail Track Corporation Limited (plaintiff) QBE Insurance (Europe) Limited (first defendant) Brit Syndicate Limited (Lloyds Syndicate 2987) (second defendant) Newline Underwriting Limited (Lloyds Syndicate 1218) (third defendant) QBE Underwriting Limited (Lloyds Syndicate 386) (fourth defendant) Country Rail Infrastructure Authority (fifth defendant) Representation: J Rowland QC with S Grahame (solicitors) (plaintiff)