Bell Gully has extensive experience acting in class action proceedings and several of our partners are recognised as pioneers in this growing field. For example, we acted for the defendant directors of Feltex Carpets in the only securities class action to have gone to trial in both New Zealand and Australia. The Feltex proceeding was also the first class action filed in New Zealand that was funded by a third party litigation funder. Our team was involved from the time the case was filed in 2008, right throughout the six years of procedural disputes that followed and the trial (which was successful for the defendants in all respects).
We are also acting in two other significant class actions currently before the New Zealand courts: the claim by customers of all of the major trading banks that they have paid too much in fees; and the claim against Southern Response Earthquake Services brought by earthquake affected Canterbury homeowners.
Our team is adept at navigating the complexity of the procedural issues raised by class actions both in relation to the funding arrangements that are invariably put in place and in issues arising from the make up of a class. Combined with the firm's overall strength in commercial litigation we are uniquely placed to assist clients in developing strategies for handling class action proceedings.
View our class actions video below.
Bell Gully partners
Jenny Stevens and
Sophie East discuss class actions in New Zealand and offer tips to businesses concerned about the potential for such actions.