Kyriackou v ACE Insurance Ltd

JurisdictionVictoria
CourtSupreme Court
Neutral Citation[2012] VSC 214
Date2012
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2 firm's commentaries
  • Entrepreneur or professional? Professional indemnity policies and what claims will trigger coverage
    • Australia
    • Mondaq Australia
    • 14 June 2012
    ...v ACE Insurance Limited [2012] VSC 214 Supreme Court of In Brief Legal costs and fees incurred by an insured under a professional indemnity policy will only be recoverable where they relate to an insured "Claim". If only injunctive or declaratory relief is sought, with no pecuniary relief, ......
  • A Focus on the Insuring Clause in Liability Policies
    • Australia
    • Mondaq Australia
    • 14 April 2013
    ...categorised as a liability to pay compensation in respect of a claim made against the insured". Kyriackou v Ace Insurance Limited [2012] VSC 214 In May 2007, the Australian Securities and Investments Commission (ASIC) commenced Federal Court proceedings seeking interlocutory and final relie......

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