Placer v Dyno
[2000] NSWSC 142
At a glance
Source factsCourt
Supreme Court of NSW
Decision date
2000-03-02
Before
Hunter J
Source
Original judgment source is linked above.
Judgment (47 paragraphs)
CITATION : Placer v Dyno [2000] NSWSC 142 CURRENT JURISDICTION: Equity Division Commercial List FILE NUMBER(S) : SC 50212/96 HEARING DATE(S) : 11.2.2000, 17.2.2000 JUDGMENT DATE : 2 March 2000
PARTIES : Placer (PNG) Pty Ltd & 3 Ors being the members of the Porgera Joint Venture v Dyno Nobel Asia Pacific Limited (formerly Dyno Wesfarmers Ltd) & Anor JUDGMENT OF : Hunter J
Plaintiff/Cross Defendant to First & Fifth Cross Claims: N Carson (Solicitor) COUNSEL : First Defendant/ First Cross Claimant/ Cross Claimant on Second Cross Claim: L V Gyles Second Defendant/ Cross Claimant on Third, Fourth & Fifth Cross Claims/ Cross Defendant on Second Cross Claim: P M Robinson Cross Defendants to Third & Fourth Cross Claims: N G Rein SC Plaintiff/ Cross Defendant to First & Fifth Cross Claims: Blake Dawson Waldron SOLICITORS : First Defendant/ First Cross Claimant/ Cross Claimant on Second Cross Claim: Gadens Lawyers Second Defendant/ Cross Claimant on Third, Fourth & Fifth Cross Claims/ Cross Defendant on Second Cross Claim: Carter Newell Cross Defendants to Third and Fourth Cross Claims: Phillips Fox CATCHWORDS : Insurance - Contracts Work Insurance - Operational All Risks endorsement - construction of policy - Papua New Guinea law - proper law of contract - enforceability by unnamed insured - material alteration of risk - non-disclosure - breach of due care clause - waiver of non-disclosure against one insured as waiver against co-insured - double insurance quantification of contribution - quantification of business interruption loss - judgment in foreign currency - indemnity costs LEGISLATION CITED : Mining (Safety) Act Papua New Guinea Commercial Union Assurance Company v Hayden [1977] QB 804 CASES CITED : Government Insurance Office of NSW v Crowley [1975] 2 NSWLR 78 Albion Insurance Co Ltd v Government Insurance Office of NSW (1969) 121 CLR 342 DECISION : 1. Judgment for the plaintiffs against the first defendant in the sum of US$9,251,785 2. Summons against the second defendant be dismissed 3. Judgment in the second cross-claim for the cross-claimant against the cross-defendant in the sum of US$9,747,755 4. Judgment in the fourth cross-claim for the cross-claimant against the cross-defendant in the sum of A$1,186,623 5. The first, third and fifth cross-claims be dismissed 6. The second defendant pay the costs of the plaintiffs and of the first defendant of and incidental to the proceedings on an indemnity basis, including their costs of the first, second and fifth cross-claims 7. The cross-claimant in the third cross-claim pay the cross-defendant's costs of the third cross-claim 8. The cross-defendant in the fourth cross-claim pay the cross-claimant's costs for the fourth cross-claim Declare that: 9. The cross-claimant to the second cross-claim is an insured under the endorsed policy number 5EA00307 as endorsed at 16 November 1992 and 8 June 1994 10. The cross-claimant to the second cross-claim is entitled to be indemnified by the cross-defendant to the second cross-claim against claims made against it arising out of the explosion occurring at the plaintiffs' Porgera site on 2 August 1994, including any liability it is held to have to Rodney Campbell Dugmore 11. The cross-claimant to the second cross-claim is entitled to be indemnified by the cross-defendant to the second cross-claim in respect of its costs and expenses incurred in connection with the following proceedings on an indemnity basis (a) Enquiry by the Deputy Chief Inspector of Mines pursuant to the Mining (Safety) Act Papua New Guinea (b) Appeal against the findings of the Deputy Chief Inspector of Mines pursuant to section 6(3) of the Mining (Safety) Act Papua New Guinea (c) Proceedings O.S. 49 of 1995 in the National Court of Justice (Papua New Guinea) (d) Proceedings O.S. 322 of 1995 in the National Court of Justice (Papua New Guinea) (e) Proceedings O.S. 1 of 1995 in the National Court of Justice (Papua New Guinea)