Fine Print Newsletter OCTOBER 2020
AFL Veteran Receives Insurance Payout
AFL veteran Shaun Smith recently received a $1.4 million payout from his insurance company for “concussion” injury suffered during his AFL career. Does this decision open the floodgates for other athletes, or is it just an isolated one-off payment?
Big Mac vs Big Jack:
McDonald’s and Hungry Jack’s in Federal Court Battle
McDonald’s has filed a lawsuit against Hungry Jack’s because of “Big Jack’s”, the new burger by Hungry Jack’s that looks pretty similar to Big Mac.
COVID-19 and Business Interruption Insurance
Two small businesses are seeking insurance payout for income loss caused by the government shutdowns due to the Covid-19 pandemic. The matters will be heard on 2 October by the NSW Court of Appeal. The potential ramifications are significant, as it is estimated that business interruption claims due to Covid are worth in excess of $1 billion.