But a lawyer for homeowners who sued James Hardie over its Harditex monolithic cladding system said it was a "terrible" day. John Arneil of James Hardie Australia said the company behaved as a responsible manufacturer. People suing the James Hardie group claimed Harditex cement and fibre cladding system caused problems including damp, mould and rot in their houses. She said the outcome was effectively a three-way settlement and homeowners were caught between James Hardie and Harbour Litigation Funding. "The Company believes it has substantial factual and legal defences to these claims and is defending the claims vigorously," James Hardie added.

Source: New Zealand Herald August 03, 2021 05:26 UTC