SCA (NSW) has issued a media release about a recent High Court decision between a serviced apartment strata scheme and its builder (Brookfield Multiplex) which found that strata property owners have no rights against builders (and others) in the tort of negligence for defective building work.
Strata Community Australia (NSW) President, Greg Haywood, said the effect of this case is far reaching and will impact on many owners corporations by extinguishing any rights to sue in negligence for defective building work in commercial, retail or industrial complexes.
The full media release can be found here.