U.S. District Judge Eldon E. Fallon has formally entered judgments against two manufacturers of Chinese drywall. The judgments follow hearings in April in which Judge Fallon ruled that defendants Taishan Gypsum Co. Ltd. and Knauf Plasterboard Tanjin Co. Ltd. are liable for damages and remediation costs to one Louisiana and seven Virginia homeowners. The awards [...]
Chinese drywall, imported to deal with shortages of U.S. drywall between 2004 and 2006, has caused tremendous problems in the homes were it was used. Fumes released by the drywall can corrode metal—damaging electrical wiring, plumbing and appliances. One hundred thousand or more homes across the U.S. contain Chinese drywall, and some families don’t even [...]
Louisiana State Senator Julie Quinn has been a champion for homeowners dealing with toxic Chinese drywall, and the Louisiana Senate has passed a bill she sponsored that would provide certain insurance protections for homeowners dealing with Chinese drywall. S.B. 565 would prohibit insurance companies from canceling or failing to renew a homeowner’s policy based on [...]
Three United States senators have asked Fannie Mae and Freddie Mac to provide a six-month mortgage hiatus to Louisiana and Florida homeowners dealing with Chinese drywall, according to the Sarasota Herald Tribune. Chinese drywall can release fumes that are very corrosive and damages wiring, plumping and other metal components in the home. There is concern [...]