Victopia Apartments Class Action

Victopia Apartments Class Action

This is an open class representative proceeding in the NSW Supreme Court (Court) brought on behalf of the Body Corporate and 199 unit owners of the Victopia Apartments in Auckland, New Zealand against the insurers of Brookfield Multiplex Constructions (NZ) Limited (in liquidation) (BMX).

The class action is being funded and run as a litigation funding scheme (the Scheme).

The class action is being run by Piper Alderman. 

Settlement of Victopia Class Action

Settlement terms have been agreed by the parties to the Victopia Class Action. A judge of the Court will need to decide whether the terms of the proposed settlement are fair and reasonable.

The Court has ordered that a Notice of Proposed Settlement and Opt Out (Notice) be published. You can obtain a copy of the Notice here

Please read the Notice carefully, as the matters set out in the Notice may affect your legal rights as a group member in the Victopia Class Action. 

The deadline to take any steps in response to the Notice is 6 February 2026.

How do I register?

The court ordered deadline to take any steps in response to the Notice was 6 February 2026. The deadline has passed, and group members should contact Omni Bridgeway by email on [email protected] to inquire about late registration.

Victopia Funding Scheme

Information about and notices in relation to the Scheme can be found here

Neither the funding of the class action by an Omni Bridgeway entity (“Omni Bridgeway”) nor the services provided by OBL in support of the class action are provided under  an authorisation provided by any Australian Financial Services Licence ("AFSL"); rather OBL and Omni Bridgeway provide services and funding (respectively) to the class action on the basis that litigation funding schemes are an exempt financial product pursuant to the Corporations Regulations 2001. For the avoidance of doubt, your objectives, financial situation and needs have not been taken into account and you should consider whether the class action is appropriate for you taking any appropriate legal, financial or taxation advice you may require. Please note that neither OBL nor Omni Bridgeway is a member of the Australian Financial Complaints Authority.