Plaintiffs’ lawyers representing homeowners affected by toxic Chinese drywall have asked the federal court judge presiding over the cases in New Orleans to establish rules governing settlements between the manufacturers of the drywall and homebuilders. They have voiced concern that such deals could put homeowners at risk by getting them to unwittingly waive their legal [...]
The federal judge overseeing Chinese drywall cases said this week that his court has thus far resolved just 10 of what could be 40,000 claims for damage caused by the toxic product. U.S. District Judge Eldon Fallon also stated during a court conference in New Orleans that his court is using a variety of methods [...]
A Miami-area couple has won a case against Banner Supply, a distributor of contaminated Chinese drywall. The verdict of $2.47 million was awarded on Friday after two days of jury deliberations. The jury found that Banner was negligent in selling a defective product and violated Florida’s Deceptive and Unfair Trade Practices Act. The monetary award [...]
James City County, Virginia, home to a number of houses built with tainted Chinese drywall, has lowered the property values of such homes to $100, plus the value of the land. The county’s actions will provide tax relief for homeowners burdened with the contaminated properties. Chinese drywall can emit noxious fumes that corrode electronic components [...]
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