High Court makes declarations on EQC flooding risk policy

High Court makes declarations on EQC flooding risk policy
By Paul McBeth Dec. 10 (BusinessDesk) - The High Court in Wellington has made a number of declarations outlining how the Earthquake Commission can deal with claims stemming from loss of land value as a result of increased flooding risk affecting up to 13,500 individual Canterbury properties. Justices Paul Heath, Stephen Kos, and Murray Gilbert made a series of declarations on EQC's proposed policies to deal with flooding vulnerability, while leaving increased liquefaction vulnerability to another hearing while the commission developed its...