Auckland lawyer Adina Thorn is launching a class action regarding plaster cladding and likely to exceed $100 million.
Media reports indicate theh firm is seeking claimants in the private, commercial and government sectors and who have used Monotek, Harditex, Titan boards and other polystyrene cladding systems.
Principal Adina Thorn says the class action will be launched 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. All buildings need to have proper and safe cladding. Already impressive levels of expert evidence that have been assembled,” she told NBR.
Ms Thorn says since the goodcladding.co.nz website went live on Monday morning, there have been registrations from all over New Zealand, and even from Australian owners of New Zealand buildings.
Leaky buildings have reportedly cost New Zealand over $11 billion in damages between 1994 and 2005. The planned ‘no win, no fee’ lawsuit is similar to that commenced overseas and most notably in New Zealand with the bank fees class actions.