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Record Number Of Insurance Claims For 2022 Floods In SE Queensland And Northern NSW Ramsden Lawyers Litigation and Dispute Resolution team report that nearly 240,000 insurance claims have been lodged by homeowners affected by the February and March 2022 floods in South-East Queensland and Northern New South Wales, resulting in an estimated incurred consumer loss of $5.76 billion. These numbers make it the costliest natural disaster in Australia’s history, surpassing Cyclone Tracey in 1974, the Newcastle earthquake in 1989, and the hailstorms in Eastern Sydney in 1999. A year after the floods, residents still experience significant repair delays and continue to live in temporary accommodations. Insurance bills have increased dramatically, and some insurance companies no longer insure for specific events.

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Selling Your Home In A Falling Market - Tips For Property Owners With property prices declining due to interest rate hikes, commercial property owners must exercise caution when selling their properties. The Commercial team at Ramsden Lawyers provides valuable insights on what sellers should be aware of to prepare for prospective sale contracts and safeguard their interests during negotiations.

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Comprehensive Guide To TPD And Terminal Illness Claims On Your Super: Essential Information To Understand Discover the complexities of Total and Permanent Disability (TPD) insurance within your superannuation. Uncover a comprehensive guide to TPD and terminal illness claims, offering vital insights into policy definitions, coverage amounts, and disbursement timelines. Contrary to popular belief, TPD benefits extend beyond workplace injuries, catering to various medical conditions that impede work capacity. Gain clarity on TPD coverage by understanding policy restrictions, eligibility criteria, and payout limits. Navigate diverse TPD definitions and grasp the endpoint of coverage. Delve into the intricacies of TPD claim processing, including necessary evidence and legal assistance. Ramsden Lawyers offer expert support, ensuring you access entitled benefits promptly.

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Testamentary Trusts – Benefits and Pitfalls Testamentary trusts offer substantial benefits and savings for those looking to best provide for their loved ones once they are gone. To learn more about this type of structure and whether it suits you, continue reading.

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Trilogy Minerals Acquired by Pursuit Minerals Limited Pursuit Minerals Limited, a leading player in the lithium exploration and development industry, has made a significant move by acquiring Trilogy Minerals, a company specialising in the same field. This acquisition has created a promising player in the industry with abundant resources in a highly coveted lithium-rich region. Notably, the acquisition was only possible with the expertise and support of Ramsden Lawyers, who played a crucial role in bringing about the deal.

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Riches To Rags? Have you been issued a bankruptcy notice? You may be running out of time. This article explores the bankruptcy process and what you must do if a notice has landed in your inbox.

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Time For Change – Queensland’s New Property Law Bill Property law in Queensland will soon see landmark changes, with the nearly 50-year-old Property Law Act set to be replaced. To learn more about these changes and what they will mean for you, continue reading.

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Improving The Industrial Relations Landscape: Major Legislative Changes To The Fair Work Act On 6 December 2022, the Fair Work Legislation Amendment (Secure Jobs, Better Pay) Act 2022 (Cth) came into effect. Along with improving job security and providing better employee pay, the Amending Act will substantially change how employers run their workplace and structure their workforce. To learn more about these changes and your obligations, click the link below.

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The Great Social Media Shake Down The ACCC is targeting for fraudulent influencers, and you may be its next target. This article discusses the obligations and responsibilities of users in the influencer marketing sector and what can be done to assist you.

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Set-Off Defence No Longer An Option In Unfair Preference Claims - High Court Puts The Debate To Rest The High Court of Australia has put to rest a long-standing controversy in insolvency law by unanimously deciding that the defence of set-off cannot be used against an unfair preference claim under s 588FA of the Corporations Act 2001 (Cth). The decision was made on 8 February 2023 in Gavin Morton As Liquidator Of MJ Woodman Electrical Contractors Pty Ltd & Anor v Metal Manufacturers Pty Limited, and has significant implications for those working in the insolvency industry.

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The Goat's Amicable Divorce NFL quarterback Tom Brady (also known as the GOAT) and his supermodel wife, Gisele Bündchen took to their social media. They made a joint announcement that they had finalised their divorce from each other. Their amicable approach led them to wrap up 13 years of marriage swiftly and quickly. An amicable divorce is to reach a fair and equitable resolution while minimising the emotional and financial strain on all parties involved.

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Scott's Refrigerated Logistics: A Cold Reality For Over 1500 Workers Scott's Refrigerated Logistics collapse puts over 1500 jobs at risk due to COVID-19 and recent floods affecting key routes in Queensland and New South Wales. Learn about the impact on workers and the search for a new long-term owner in this article.

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