Frequently Asked Questions
When can I join this EQC Land class action?
Before you are able to join the EQC Land class action, it needs to be approved by the Court. There is an application for 'representative orders' to allow the class action that will be heard in late February 2023 at the High Court in Christchurch. The application is for an opt out representative order - this means that if you meet the class definition you will be automatically part of the class action unless you 'opt out.'
How can I find out if I meet the 'class definition'?
The 'class definition' is set out in the 'Can I Join?' tab here.
How much money will I get?
It is not possible at this stage to provide any specific figure on what you could expect to receive. This is due to a variety of factors that are unique to each homeowner’s situation (for example how much EQC has already paid, the extent of damage, etc).
How much will it cost me to join this EQC Land class action?
Nothing.
If you are due any amount from EQC as a result of this class action, the litigation funder will deduct a maximum fee of 15% (including GST) of any settlement monies received or judgment sum awarded. You will never be asked to pay any money up front or pay for a share of any costs – it’s simply a deduction of up to 15% (including GST) from any amount you are entitled to receive once the class action is resolved. You will not pay any legal fees.
Members of the class action will have no liability for legal or court costs if the class action is unsuccessful.
The class action is funded by Canterbury Litigation Funding Limited, which will pay for all costs.
What are the chances of success of this EQC Land class action?
Our team believes this case has merit, however, litigation is, by its very nature, inherently risky and it is not possible to predict the outcome, or how long the case may take to be finally resolved.
What are the benefits of a class action?
Running each individual claim through the courts would be costly and time consuming. Being able to combine class member’s claims that involve common questions of fact and law, reduces the average cost of litigation by only addressing the common issues once at trial, instead of multiple times. There is also no risk to each claimant.
Does it cost anything to register?
No, it costs nothing to register.
Will registering mean I become a client of Grant Shand Barristers & Solicitors?
No, registration will not make you a client of Grant Shand Barristers & Solicitors. It simply provides a way to keep you informed about developments and the progress of the class action.
Further information about the claim
If you have questions about this class action, please contact us and one of our team will be in touch with you.