Local building owners with potentially flammable building cladding are being urged to join a class action seeking compensation from manufacturers.
The law firm Russel McVeagh and an Australian litigation funder, are offering to pay any property owners to have their buildings checked for aluminium composite panels mxied with plastic.
The fatal blaze of London's Grenfell Tower was blamed on the same material.
The firms expect the panels to unknowingly be on hundreds of buildings here too.
An initial investigation of 300 buildings by Auckland Council, found about half of them have the flammable cladding - including parts of Auckland Hospital, Auckland University, commercial buildings with hundreds of offices and towers with more than 5000 apartments.
The litigation fund IMF Bentham is financing two similar class actions in Australia.
Business reporter Madison Reidy spoke to IMF's investment manager Gavin Beardsell, about its decision to kick-off a class action here.
