KOOLAN IRON ORE PTY LTD V INFRASSURE LTD (NO 2)

[2023] FCA 1654, Federal Court of Australia, Justice Jackson, 21 December 2023

Insurance (business interruption) – Quantum – Indemnity period – Trends clause – Whether clause covered contemplated change in business methods

Koolan Iron Ore Pty (K) operated an open-cut iron ore mine on Koolan Island. Part of the mine was separated from the ocean by a seawall.