Insurer fails to get $32.5m James Hardie costs claim heard in Oz

Insurer fails to get $32.5m James Hardie costs claim heard in Oz
James Hardie faced claims arising from watertightness issues with its exterior cladding products. (Image: NZME)
John Anthony
An insurance company being pursued by global building materials company James Hardie for $32.5 million in legal fees has failed in its attempt to have matters heard in an Australian court.James Hardie successfully defended two multi-property weathertightness cases with more than $300m in claims under two Zurich Australian Insurance policies.The cases were known as the White and Cridge cases, after the lead plaintiff home owners. A judgment by Justice Greg Blanchard on Oct 25 said James Hardie's claims sought legal costs totalling about...

More Law & Regulation

Takeovers Panel will meet on NZME issue
Markets

Takeovers Panel will meet on NZME issue

The panel said in a media release today it had met on the issue of Grenon’s shareholding.

Staff reporters 04 Apr 2025
Insurer IAG admits fair dealing breaches
Law & Regulation

Insurer IAG admits fair dealing breaches

The Financial Markets Authority has filed a civil proceeding against IAG New Zealand Ltd for fair dealing breaches in relation to its insurance products.Some home, boat, car and caravan insurance policyholders were affected.IAG said it identified and reported the relevant issues...

Staff reporters 04 Apr 2025
H&S reform back with a vengeance
Law & Regulation

Bronwyn Heenan: H&S reform back with a vengeance

With all these changes, let's watch this space and wait for the details.

Bronwyn Heenan 04 Apr 2025
Telco fined $325k for misleading 'free' roaming claim
Law & Regulation

Telco fined $325k for misleading 'free' roaming claim

Telco 2degrees has been fined $325,000 after admitting it made misleading claims about its “free” Aussie business roaming plans.The Commerce Commission took action last year after claims made by 2degrees in its advertising campaign between 2020 and 2023 created an impression that...

Staff reporters 03 Apr 2025