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 federal court judge in Virginia has ruled that a Virginia homeowner’s insurance policy did not cover damages caused by Chinese drywall. Judge Robert G. Doumar of the U.S. District Court in Norfolk found that the policy excluded damages caused by latent defects, faulty materials, corrosion and pollution. This is the first decision in many [...]
Florida homeowners affected by toxic Chinese drywall will get some financial relief through a bill signed into law this week. Under House Bill 965, properties with defective drywall will be eligible for an adjustment to the assessed value of the property. The new law will apply to assessment rolls from 2010 until July 1, 2017, [...]
Banner Supply, a Miami distributor of drywall products, knew as early as 2006 that there were problems with Chinese-manufactured drywall but did not warn the public or government authorities, according to the Miami Herald. Banner—one of the largest distributors of drywall in Florida—had received complaints from builders about odors and concerns about emissions, which it [...]
