Registrations for $100 million plus cladding class action
Media release Registrations called
for $100 million plus cladding class
9 March 2015
Registrations called for $100 million plus cladding class action
Owners of buildings with plaster cladding in New Zealand are now being asked to register their interest for a proposed class action against manufacturers seeking damages well in excess of $100 million.
Adina Thorn Lawyers is expecting to launch the claim in association with international legal and funding experts with proven track records in successfully running similar high value class actions.
“This is about buildings with plaster cladding. It’s not only about homes – it’s all buildings – homes, commercial buildings, hospitals etc. All buildings need to have proper and safe cladding,” says the firm’s Principal Adina Thorn.
“This claim comes about as a result of the many approaches I have received from the owners of buildings constructed using Harditex, Monotek, Titan board and various different polystyrene claddings”.
“All owners of plaster clad buildings should now register their interest in being part of this action. There’s no cost involved in registering and all the legal costs during the legal process will be covered by a litigation funder. There’s no time limit in joining the action – so a building of any age can join the action. Owners previously believed there was a 10 year time limit, but that is no longer the case, anyone can join this action”.
Registration will enable the team of experts Adina Thorn Associates has assembled to finalise the scale of the claim, and to supplement the already impressive levels of expert evidence that have been assembled.
“It is important that those wishing to be part of this initiative register on our websitewww.goodcladding.co.nz. We are expecting a significant response and we will be giving priority to those who register early.”
Those who register will have the opportunity to become part of a funded class action to receive compensation in respect of faulty products used in the construction of buildings they own and will receive detailed updates on the progress of the claim.
“We expect the level of the final damages claim to be at least $100 million, but this figure could rise significantly if we receive the level of response from claimants/owners we are expecting.