Yen is a key member of Wotton + Kearney’s Financial Lines team. Her practice focuses on claims arising under professional indemnity, directors and officers, and management liability policies of insurance, as well as subrogated recovery actions. She has experience with large scale litigation including class actions and other proceedings arising from major corporate collapses and is currently involved in the class action brought on behalf of the debenture holders following the collapse of Banksia Financial Group.
With a strong background in defence, Yen represents insurers in a broad range of claims against professionals including accountants, real estate agents, valuers, corporate advisors and information technology professionals. She also represents companies and their directors in defence of alleged breaches of the Corporations Act and Australian Consumer Law and associated claims, particularly in an insolvency context.
Areas of Expertise
- Directors & Officers
- Professional Indemnity
- Management Liability
- Subrogation & Recoveries
- Financial Institutions & Services
- Property & Real Estate
- Professions & Business Solutions
- Acting for corporate advisors in the defence of proceedings brought by Australian Property Custodian Holdings Limited arising from the collapse of the Prime Trust retirement village scheme. This matter involves 3 separate Supreme Court of Victoria proceedings with over 30 separate defendants.
- Defending a multi-million dollar insolvent trading claim brought against directors of an independent school. This claim also involved breach of trust allegations and was successfully resolved at an early stage.
- Acting for a Lloyd’s syndicate joined to the class action brought on behalf of debenture holders following the collapse of the Banksia Financial Group, including providing detailed coverage advice in respect of the claim made in the class action, but also associated claims brought by the liquidators and receivers of Banksia.
- Acting for the insurer of directors involved in a Federal Court action for alleged breaches of the Corporations Act and Australian Consumer Law arising from a multinational acquisition undertaken by private equity stakeholders.
- Advising insurers of a professional trustee services group in relation to a multi-million dollar claim by unit holders for alleged misleading and deceptive conduct and breaches of fiduciary obligations, which included providing complex advice regarding policy response.
- Acting in unfair preference claims, including claims for indemnity against directors brought by the Commissioner of Taxation.
- Defending civil penalty proceedings brought by Consumer Affairs Victoria against a real estate agency in respect of alleged underquoting.
- Australian Insurance Law Association
- Australian Professional Indemnity Group
- Women in Insurance
- Young Insurance Professionals Australia & New Zealand
- Law Institute of Victoria