New Zealand Combustible Cladding Class Action
IMF and Russell McVeagh are working together to investigate and bring viable claims for compensation, on behalf of persons and entities with proprietary interests in buildings in New Zealand, on which there is installed certain types of aluminium composite panel cladding with a combustible core comprised wholly or substantially of polyethylene (PE). These persons and entities are the owners, body corporates and leaseholders of buildings affected by PE Core Cladding.
IMF, in conjunction with an Australian law firm, have already commenced 2 class actions in the Federal Court of Australia on behalf of Australian property owners who are affected by combustible cladding. To learn more about the Combustible Cladding Class Actions in Australia please listen to our podcast here.
Compensation to be recovered
The main compensation we are looking to recover for affected persons or entities is the amount that would represent the cost of replacing the PE Core Cladding with other suitable cladding or material, together with all other associated costs. To participate in any action we bring it is not necessary for any rectification costs to have been actually incurred in respect to the PE Core Cladding on the building.
No win no pay
Any action brought on behalf of affected persons or entities will be brought on a ‘no win no pay basis’. There will be no 'out of pocket' expenses for any affected person or entity. IMF will pay all legal and other expenses of any action and will only be entitled to be paid from what is recovered by way of compensation, interest and costs.
PE Core Cladding is often used for the purposes of aesthetics to act as a cover for part or all of the external walls of a building. The principal issue with the use of PE Core Cladding on buildings is that the polyethylene core is highly combustible.
The safety risk associated with the use of PE core cladding in buildings, especially multi-storey buildings is now well known. A number of fires around the world have drawn attention to this issue. Two such devastating examples are the Lacrosse building fire in Melbourne on 25 November 2014, and more recently and poignantly the Grenfell Tower fire in London on 14 June 2017.
Please click on the link and follow the instructions if you are willing to register your interest and share information.
How to participate in the proposed Combustible Cladding Class Action
You can register your interest in the proposed Combustible Cladding Class Action (NZ) by providing your details on this website.
Once you have registered your interest, you will be sent an information pack that explains the next steps, and contains IMF's Funding Agreement, Russell McVeagh’s Retainer and a Questionnaire for you to sign and complete, if you wish to proceed as a funded client of IMF and Russell McVeagh.
Important Note – No obligations by registration
Please note that merely registering your interest through this website is not binding in any way and does not constitute acceptance into a contract. If you have any questions, you can contact the IMF Client Liaison Team by email on [email protected] or call 1800 016 464 (free call in Australia) or +61 8 9225 2322 (if overseas).