Local Government Mutual Funds Trustee Limited v Napier City Council - SC 103/2022

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Summary

Civil Appeal

Result

A The application for leave to appeal is granted (Napier City Council v Local Government Mutual Funds Trustee Ltd [2022] NZCA 422).
B The approved question is whether the Court of Appeal was correct:
(a) in its interpretation of exclusion 13(a) of the Protection Wording; and
(b) in its consequent finding that the claim by the respondent in relation to its liability to owners of apartments in the Waterfront Apartments complex was excluded by exclusion 13(a) only to the extent that the respondent’s liability arose directly or indirectly out of, or in respect of, weathertightness defects.
21 December 2022

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A The appeal is dismissed.
B The appellant must pay the respondent costs of $25,000 plus usual disbursements. We allow for second counsel.
1 August 2023

Date of Hearing

27 April 2023

Judges

Winkelmann CJ, O'Regan, Ellen France, Williams and Kós JJ

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