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 an upcoming hearing. A hearing later this week before a Broward County judge could determine if the Floridians can reject the federal deal.
Thousands of homes mainly in the South were affected by installation of Chinese drywall that has a foul odor, can corrode wiring and metal and cause health problems. The proposed $53 million Florida settlement is with drywall distributor Banner Supply Co.
A Louisiana federal judge temporarily halted efforts by drywall victims to pursue individual Florida state court lawsuits. The Broward County hearing could change that.
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