Directors' & Officers' (D&O) liability
We have developed Australia's pre-eminent D&O insurance practice providing coverage advice, acting as monitoring counsel, conducting the defence of claims and responding to regulatory investigations.
We understand the class action frameworks in place in both Federal and state jurisdictions and the particular complexities of D&O claims, including:
- multiple insured party conflicts
- excess layers and association protocols
- close liaison and strategy development with multiple defendant lawyers
- common exclusions and limitations of liability
Our D&O lawyers are attuned and empathetic to the personal and reputational impact of claims on individual directors and their families.
We have acted in most of the major D&O claims in Australia, including ION, Octaviar, Timbercorp, Allco, Babcock & Brown, Centaur, Dick Smith, Great Southern, Hastie, Media World, Sigma, Arrium and AWB. Our previous experience includes advising the lead underwriter in Australia's first securities class actions, GIO and Aristocrat.