The High Court has given the go-ahead to a class action with the potential to cost Government-owned insurer Southern Response hundreds of millions of dollars.
But first it will go to the Court of Appeal. Those behind the case want to run it as a precedent-setting "opt-out" action, where all parties able to make the same claim against Southern Response are automatically included in the case unless they actively withdraw.
Opt-out class actions are relatively common overseas, including in Australia, but have rarely been rarely attempted in New Zealand.
READ MORE: https://www.stuff.co.nz/the-press/business/the-rebuild/109358355/potentially-costly-class-action-against-southern-response-given-goahead
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