Leaky home owners lose case against James Hardie rnz.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rnz.co.nz Daily Mail and Mail on Sunday newspapers.
James Hardie class action lawyer tight-lipped over funder s withdrawal nbr.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbr.co.nz Daily Mail and Mail on Sunday newspapers.
Press release content from Business Wire. The AP news staff was not involved in its creation.
James Hardie Industries Settles New Zealand Weathertightness Case
August 3, 2021 GMT
SYDNEY & CHICAGO (BUSINESS WIRE) Aug 3, 2021
James Hardie Industries plc (ASX: JHX; NYSE: JHX), the world’s #1 producer and marketer of high-performance fiber cement and fiber gypsum building solutions, is pleased to announce that the weathertightness class action litigation brought against James Hardie before the Auckland High Court has been settled (Case No. CIV-2015-404-2981, previously described by James Hardie as the “White litigation”). As part of the settlement James Hardie will receive a payment of NZ$1.25 million.
“The plaintiffs would have continued, if the funder had continued funding,” Wheatley said. In a statement to investors on the ASX Australian sharemarket, James Hardie said it had been paid $1.25 million as a result of the settlement.
RYAN ANDERSON/Stuff
The James Hardies leaky homes class action was taking place at the High Court in Auckland. James Hardie’s New Zealand manager John Arneil said: “While we are happy with this outcome, and believe the settlement supports our continued belief that the allegations lacked merit, and we behaved as a responsible manufacturer, we remain very sympathetic to homeowners negatively impacted by weathertightness issues.”
James Hardie class action ends with no compensation for homeowners tvnz.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tvnz.co.nz Daily Mail and Mail on Sunday newspapers.