Adina Thorn law firm has secured funding for a class action lawsuit totalling nearly $100m against the manufacturers of plastic cladding used in leaky homes.
With backing from Harbour Litigation Funding, Adina Thorn can now progress the claim against various manufacturers of defective plaster cladding installed in thousands of buildings across New Zealand.
The damages to be claimed in the proposed class action are likely to exceed NZ$100M.
Adina Thorn says she has had calls about polystyrene, Harditex, Monotek and Titan cladding, and that while no defendants have been named in the class action yet, all of those products were made by James Hardie.
Thorn has had more than 1200 leaky home owners register to be part of the case through the website goodcladding.co.nz, and is still seeking registrations.
It is hoped the class action will be formally lodged at the Auckland High Court in the next few months.