“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.”
Claimant devastated James Hardie case ended mid-trial 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.
The leaky home crisis has been around for so long that it has become part of the Kiwi vernacular. It's hard to find a person today that isn’t aware of this blight on the New Zealand building industry, and even harder to find homeowners or potential .