Ridgecrest NZ Limited v IAG New Zealand Limited

[2013] NZSC 108

IN THE SUPREME COURT OF NEW ZEALAND

SC 76/2013
[2013] NZSC 108

BETWEEN	RIDGECREST NEW ZEALAND LIMITED Applicant
AND	IAG NEW ZEALAND LIMITED Respondent

Court:	McGrath, William Young and Glazebrook JJ
Counsel:	C R Carruthers QC and P A Cowey for Applicant B D Gray QC and P M Smith for Respondent
Judgment:	8 November 2013

JUDGMENT OF THE COURT

ALeave to appeal is granted.

BThe approved question is whether the Court of Appeal was correct to conclude that Ridgecrest is not entitled to be paid for the damage resulting from each of the earthquakes up to the limit of the sum insured.

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REASONS

1. The approved question has been stated in general terms.  All arguments advanced in the High Court and the Court of Appeal are, accordingly, able to be relied on at the hearing of the appeal.

Solicitors:
Parry Field, Christchurch for Applicant
Fortune Manning, Auckland for Respondent