A win for claimants in Alucobond cladding class action

A win for claimants in Alucobond cladding class action

SYDNEY, 9 June 2020: In the Alucobond cladding class action the claimants, which include the bodies corporate of residential apartment buildings plus local councils, had a significant victory this week after the Federal Court of Australia rejected the German manufacturer’s submissions that the proceeding should no longer continue as a class action or in the alternative, the number of persons who are entitled to participate in the action should be limited. The Court decision enables all affected building owners and Owners Corporations nationwide to continue their claims for compensation in the class action concerning Alucobond PE and Plus cladding affixed to their buildings.  

The Alucobond cladding class action, which commenced in February 2019, is funded by Omni Bridgeway and the claimants are represented by William Roberts Lawyers. Omni Bridgeway is also funding the class action against the manufacturer of ‘Vitrabond’ PE core cladding products, Fairview Architectural Pty Ltd.

"This is a major win for the claimants and means they can continue to pursue compensation from the manufacturers. We are delighted with the Federal Court’s decision,” said Gavin Beardsell, Investment Manager at Omni Bridgeway.

Property owners who believe their building may be affected by combustible cladding should continue to register their interest in the class actions. For more information visit imf.com.au/cases/register/combustible-cladding-class-action-overview.