“..Auckland City is dealing with $240 million of leaky homes claims, the highest in New Zealand for any one council.
Yesterday it issued a list of active claims showing 42 multi-unit cases claiming $201,433,000 .. and 94 single houses claiming $39,345,155.
That compares with the city council’s total debt of $322 million.
Claimants are bringing cases in the High Court and via the Government’s weathertightness service and tribunal against the city for its role in the leaky building scandal.
Already, the council has paid out $50.9 million for 300 leaky building cases which cost $11.6 million in legal and expert fees..”
go to source/story>>Council’s leaky homes claims soar to $240m – National – NZ Herald News