UK Accountant Wins Time To Avoid Paying QBE Insurance

Law360, London (December 4, 2017, 8:18 PM GMT) -- The High Court in London on Friday granted an accountant more time to resist paying back nearly £44,000 ($59,250) in defense costs to the European division of QBE Insurance Group, Australia’s largest global insurer, after he was accused of misappropriating company money in his role as a joint administrator of MK Airlines.

Justice Andrew Popplewell ruled on Friday in favor of Michael Oldham, who held indemnity insurance with QBE Insurance (Europe) Ltd., in a complex dispute about how far the coverage for his own legal costs...
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