At a hearing earlier this week, U.S. District Judge Eldon Fallon said that a program to fix up to 300 homes in Alabama, Louisiana, Florida and Mississippi with tainted Chinese drywall manufactured by Knauf Plasterboard appears to be on the right track. If successful, the program may be extended to other plaintiffs with the defective [...]
The Internal Revenue Service said that it would permit taxpayers with defective drywall in their homes to deduct the repair and replacement of damaged appliances. This tax break is the first significant response from the federal government to provide financial help to the thousands of homeowners nationwide struggling with the defective drywall. While this ruling [...]
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 [...]
