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2 Jul 2018
Southern Response has recently announced how it will approach the limitation period and limitation defence after 4 September 2018.
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18 Aug 2016
We’ve all heard of a ‘personal guarantee’, but what is it and is it worth the paper it is written on?
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13 May 2016
The EQC and the EQC Action Group have recently released a joint statement clarifying the principles that guide the EQC’s assessment and settlement of building claims under the Earthquake Commission Act. Read more to see whether this may affect your claim.
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31 Jul 2015
The Canterbury Earthquake Recovery Authority ("CERA") has released its Recovery Plan following the Supreme Court's judgment in Quake Outcasts v Minister for Canterbury Earthquake Recovery [2015] NZSC 27. The plan provides for new Crown offers to be made at 100% of the 2007/08 rateable land value for vacant, insured commercial and uninsured properties in the Residential Red Zone.
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23 Jul 2015
The Supreme Court recently delivered its judgment in Southern Response Earthquake Services Ltd v Avonside Holdings [2015] NZSC 110 finding that a 10% allowance for contingencies and a 10% allowance professional fees was payable as part of a notional rebuild calculation. This decision will have ramifications for AMI policyholders, as well as other policyholders with similar policies.
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21 May 2015
‘As is where is’ sales are becoming increasingly popular in the Canterbury region since the 2010 and 2011 Canterbury earthquakes. Prospective purchasers often see a quick profit to be made with these properties; however, there are a number of risks that you need to consider before committing to such a purchase.
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20 Feb 2015
rock fall christchurch earthquake
On 13 February 2015 the Court of Appeal delivered its judgment in Kraal v EQC & Allianz New Zealand Ltd. It dismissed the appeal, finding that the risk of rock fall that is not “imminent”, is not “natural disaster damage” and is not a form of loss or damage covered under the Earthquake Commission Act 1993 or the private insurance policy in question.
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