Update: Leaky building owners say cladding defects "gut-wrenching" as class action gets underway in Auckland

Mon, 21 Nov 2016

By Fiona Rotherham Nov. 21 (BusinessDesk) - (update adding in individual case, more detail) By Fiona Rotherham Ray and Marilyn Richards say their Mt Manganui leaky home recently sold for $350,000 below market value because of problems with the plaster cladding, now the subject of an estimated $250 million class action against James Hardie. The couple made the trip to Auckland today to be among several leaky home owners involved in the suit, and sat in the gallery for the start of interlocutory applications at the High Court. The...

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