The High Court in Mathias v EQC [2022] NZHC 2097 has approved a class action against EQC for on sold properties. These are earthquake damaged houses with EQC claims sold since the earthquakes in 2010/2011. In 2019 EQC estimated that there were more than 50,000 on sold properties. Here is a link to the class action website. Details of how to opt in to the claim are still being finalised. The claim will enable owners to get unconditional cash from EQC for rebuild or repair costs.
Auckland
PO Box 137243,
Parnell, 1052
Tel: +64 27 434 5489
grant@grantshand.co.nz
