Stuff
A homeowner involved in leaky building law suit against James Hardie is concerned about the financial strength of its New Zealand companies.
Lesley Wheatley is involved in a class action lawsuit seeking damages for around 1000 leaky building owners claiming James Hardie’s Harditex, Monotek and Titan products, which were widely used to clad new homes, were faulty products.
The lawyer heading the class action, Adina Thorn, told the High Court in Auckland last month that the building supplies company was “balance sheet insolvent”.