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James Hardie awarded $2.1m in costs after winning leaky building case

Claims Funding Australia, which funded a class action lawsuit against building products manufacturer James Hardie, is on the hook for $2.1 million costs award after a group of 153 owners of leaky properties failed to prove their claim that James Hardie’s Harditex fibre cement cladding boards were the cause of leaks and rot in their homes.

In the News

Mainzeal directors failed first step of a crisis, Supreme Court told

Mainzeal liquidators Andrew Bethall and Brian Mayo-Smith are appealing the Court of Appeal ruling which found the directors’ decision to continue trading the company recklessly, while technically insolvent for nine years, did not result in a material loss to creditors. The directors include former prime minister of New Zealand, Dame Jenny Shipley. The liquidators are backed by the litigation funder LPF.

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