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Ann: Nexus Receives Statement of Claim , page-54

  1. 272 Posts.
    This reminds me of when an insurance company was making a claim on our company as developers on a melbourne property...
    The company made a claim against us on the basis of NSW laws for a few hundred k for a property in Vic built by a NSW company. Suffice to say that they failed on the basis that the law in Vic doesn't provide a claim against us.

    The lesson here was
    The insurance company is a huge international company with an in house counsel, and they made this attempt to try and wring some money out through intimidation with a couple of nasty letters... and it didn't work.
    Were they ignorant of the law or was it a low risk/ low cost attempt?
    Either way, it cost them little to try and if we didn't get good advice, we would be a few hundred k out of pocket.

    This to me stinks like something similar... Let's hope eh?
 
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