SAYERS PROPERTY HOLDINGS PTY LTD AND ANOTHER V AIG AUSTRALIA LTD

[2024] VSC 139, Supreme Court of Victoria, Justice Garde, 27 March 2024

Insurance (directors and officers) – Corporate liability – Settlement – Whether sums payable under settlement "resulted from" a claim for damages – Distinction between damages and commercial arrangement

Sayers entered into an agreement with DD under which Sayers was granted an option to purchase land and premises from DD.