Litigation funder IMF Bentham is drumming up clients for a combustible cladding class action in New Zealand, a task made easier by the fact that the two largest cities across the Tasman publicly list all buildings affected by the flammable polyethylene core panels.
There are an estimated 300 buildings in New Zealand with aluminium composite panels of varying types, including Alucobond and Vitrabond panels that are the subject of the intended class action, IMF Bentham investment manager Gavin Beardsell said.