Insurance | Professional Practices
Pure omissions: Rushbond PLC v The J S Design Partnership LLP
Our global professional indemnity team has a long established reputation for successfully defending negligence claims against professionals and handling the most complex coverage issues. We offer specialist advice on both high volume and high value claims.
Our clients include accountants, actuaries, architects, bankers, brokers, engineers, financial advisors, IT professional, media professionals, medical practitioners, lawyers, surveyors and valuers. We have specialist teams focusing on each of the major professions, including a number of partners who specialise solely in lawyers' or accountants' liability, and are regarded as market leaders in these sectors.
Our professional indemnity team has experience in complex regulatory investigations and litigation, particularly the problems presented by parallel proceedings. We are also experienced in relation to coverage issues including trigger points for cover.
Professional indemnity matters are increasingly transcending national boundaries and we have the global reach to handle complex multi-jurisdictional issues, with the appropriate on the ground experience to ensure that local rules and customs are taken into account. Our experience of monitoring and handling worldwide claims means we have the necessary foundation to offer practical assistance to local counsel and in expert selection. We recognise the need for accuracy and timeliness of reserving, operating through local court systems and ensuring the optimum disposal of claims.
Acting for an accountants practice in successfully settling a CAD 130 million class action brought by investors in Canada
Advice in relation to a USD 300 million plus claim against a global design and engineering company relating to the alleged negligent design of a hydro-electric facility in Panama (with claims in multiple jurisdictions including the United Kingdom, Sweden and the United States)
Defending a negligence claim against the administrators of an English incorporated mining exploration company in Peru involving allegations that they caused the company’s main assets to be sold to a connected party at an undervalue
Advice in relation to claims against a global engineering company arising out of alleged negligent design and construction of gas processing facilities in Trinidad
A distributed denial of service attack, which caused the website of a major retailer to shut down for nearly 72 hours, leading to business interruption loss and other first party loss.
Advising in respect of numerous claims made against auditors involved in auditing Chinese companies listed in the US
Advice in relation to claims against a global engineering company arising out of alleged negligent design and construction of power plant facilities in the United States
Representing a Canadian corporation in US court against a claim for copyright infringement over the use of a performer’s image on a website
Acting on behalf of a greeting card designer and publisher over the use of a trademarked phrase in greeting cards
Defended a retailer/manufacturer over the use of copyrighted images on a website
Acting for a Big Four practice in Australia in respect of US Securities and Exchange Commission investigations and complaints regarding negligent and improper accounting practices, and advice on inter-firm related captive coverage
Acting for an engineer defending negligence claims in relation to various projects, including the allegedly negligent design of tunnels, roads and bridges
Defending structural engineers alleged to have failed to take account of hydrostatic pressure calculations in designing a landmark luxury harbour-side apartment complex
Acting for the insurers of a large consulting engineering firm in relation to Federal Court of Australia proceedings which alleged they were responsible for the collapse of underground mine workings
Acting for the industrial special risks insurer in a mining project in respect of a large claim for double insurance against the contracts work insurer
Advising on a multi-million dollar claim against a Hong Kong accountancy firm by the Liquidators of a family textile company, alleging a failure to detect accounting irregularities in relation to its PRC subsidiary
Advising on insurance coverage in relation to a failed waste treatment plant
Drafting a number of the single project insurance policies currently in use in the Hong Kong and UK market
Advising on CAR cover in relation to a multi-million dollar claim arising from a warehouse collapse at a major international airport
Acting for a D&B contractor and its insurers in the defence of multi-million dollar claims relating to allegedly inadequate fire stopping in 78 houses, following an initial arson attack
Drafting and advising on direct and reinsurance PI policies for Architects and Engineers for use in the UAE to cover (inter alia) decennial liability.
Defending two UAE court claims (AED 18 million and 32 million) against a global firm of multidisciplinary consulting engineers for alleged design faults.
Advice in relation to claims against a global engineering company arising out of alleged negligent design and construction of a sewage and waste water processing facility in the Middle East
Advice in relation to a USD 1 billion claim against a global engineering company arising out of alleged negligent design and construction of an oil and gas processing facility in Russia
Defending one of the Big Four against a shareholder claim for AED 500 million (GBP 84 million) which arose from its role as auditor and financial adviser in the UAE and Bahrain
Acting for the insurers of an engineering firm in relation to proceedings commenced by the owners of a mine that collapsed. The damages claim was 16 times the value of the indemnity available to the engineers. We settled the claim for 50 per cent of the amount of the indemnity
Handling a highly complex multi-million pound brokers’ claim which involved eight parties in multiple jurisdictions
Advising fostering and adoption charities and residents associations, including in relation to service charge and injury claims.
Acting for a global law firm in a multi-party claim following tax and M&A advice provided in the course of the acquisition of a UK publishing business.
Defending a firm of offshore trustees against claims arising from its trust asset management services. The beneficiary claimants alleged gross negligence in failing to diversify the investment portfolio and in failing to sue the predecessor trustees for their failure to diversify.
Advising a top tier, international law firm against a complex professional negligence case relating to legal opinions provided to their client. This matter included cross-border disputes and multi-jurisdictional advice
Acting for an international law firm in a professional negligence claim relating to contract advice they had provided
Representing a law firm in a claim relating to allegations of negligence around the handling of litigation defence work