Owners of thousands of U.S. homes tainted with foul-smelling Chinese drywall agreed to a legal settlement on Thursday with a German manufacturer. An attorney for the plaintiffs, Russ Herman, said the settlement reached with Knauf International was worth $800 million …
A new settlement has been reached with Knauf Plasterboard Tianjin (KPT) over defective drywall manufactured by the company in China. The Plaintiffs’ Steering Committee (PSC), the Homebuilder Steering Committee (HSC) and KPT announced that under a new agreement, KPT will …
Hundreds of Floridians want to opt out of a proposed $53 million federal settlement over faulty Chinese drywall in hopes of pursuing lawsuits in state courts. Attorneys representing the Florida homeowners planned Wednesday to detail the cases and importance of …
A South Florida judge has ruled that a Miami-based supplier of tainted Chinese drywall must disclose more details about a proposed $55 million class-action settlement. A Broward County judge ruled that Banner Supply Co. must release more information about its …
A Florida building supply company is suing a German conglomerate for $100 million over defective Chinese drywall installed in tens of thousands of homes. Banner Supply Co. charged in the lawsuit that Knauf Gips made false claims about the quality …
Hundreds of Florida homeowners suffering with tainted Chinese drywall will share $55 million in a deal that also accuses a global drywall maker of lying about the product’s safety, according to court documents. The settlement will be funded by Banner …
A Florida judge has ruled that a couple’s damage from tainted Chinese drywall is covered by their homeowner insurance policy. Hillsborough County Circuit Judge Robert Foster this week said he found no exclusion in the Springfield, Ill.-based Teachers Insurance Co. …
A settlement agreement has been reached with a New Orleans, La.-based supplier of tainted Chinese drywall in the multi-district litigation (MDL 2047) over the product. Interior/Exterior Building Supply L.P. and the company’s two primary insurers have reached a settlement in …
Federal safety officials have stopped recommending removal of all electrical wiring in homes with problem drywall, a change in the safety protocol that could reduce the cost of remediation for many homes. The U.S. Consumer Product Safety Commission (CPSC) and …
Repairs are beginning in Louisiana on the first home that contains defective drywall made by a major manufacturer. The home to be repaired by Knauf Plasterboard Tianjin is in Covington. The repairs are slated to begin Thursday. KPT said that …
