This book is only available in PDF format

Authors:  Jonathan Scragg, Aaron Sherriff
Published: 29 June 2017
Pages: 42

Introduction

Businesses are now aware, more than ever, of the devastating effects a natural disaster can have on business operations and ongoing business success. Many businesses will be working through issues caused during what has been an extraordinary period of natural disasters and severe weather related events – be they earthquakes, floods and even fires. This webinar focuses on some of the key issues businesses (and their legal advisers) are likely to need to consider in the immediate aftermath of a natural disaster.

• interaction with local authorities;
• employer’s responsibilities and health and safety issues,
• insurance issues,
• business access and business interruption issues,
• landlord/tenant issues, and
• purchaser/vendor issues.

The webinar is intended to alert practitioners to the key issues that may arise for clients
following a natural disaster, and to provide a summary of where to look for further
guidance.

Content outline

• Overview: powers of local authorities
• Civil Defence framework
• Assessing building safety
• Financial support package
• Health and safety
• Employment issues during and after disasters
• Types of insurance policy
• Structure of material damage policy
• Insuring clauses – “what you are insured for”
• Loss settlement clause – “what we will pay”
• Business interruption cover
• Exclusion clauses – “what you are not insured for”
• The earthquake commission
• Business interruption cover
• Exclusion clauses – “what you are not insured for”
• The earthquake commission
• What to do when natural disaster strikes
• Obligations
• Settlement
• What is business interruption insurance cover?
• Calculating the loss that is covered
• Application of the “but for” test –interruption loss will not always be covered
• Denial of access
• Insurance issues
• Access to buildings & obligations of landlords
• Repairs to damage
• Rental and outgoings relief
• Can the lease be canceled?
• Insurance issues
• Negotiating an agreement
• Conditional agreement
• Unconditional agreement