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Associate Editor - TIJ
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Rochester, New York
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 Thread Start First Page
[#1] Posted: Apr 09 2010 - 09:54:57 AM |  |  |
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2.6 Million dollars awarded to Virginia families for damage to their homes caused by Chinese drywall.
US District Judge Eldon Fallon reached this verdict and determined that the drywall used in these homes had significantly higher sulphur content than what is allowed.
Judge Fallon is expected to rule on a New Orleans case in the coming weeks.
Read the article from Professional Builder here.
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Chad Fabry
StructureSmart Home Inspection Rochester, NY
www.structuresmart.com
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Senior Member
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Lafayette, Louisiana
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Judge Hands Down First Chinese Drywall Verdict
[#2] Posted: Apr 09 2010 - 10:00:50 AM | | |
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That's nice to hear, but I doubt that the Chinese are willingly going to pay anything at all.
Marc
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"If Guam gets too overpopulated, it might tip over."
Congressman Hank Johnson (D) GA |
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Sagamore Hills, Ohio
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Editor - TIJ
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Judge Hands Down First Chinese Drywall Verdict
[#4] Posted: Apr 09 2010 - 11:28:38 AM | | |
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It's not the Chinese that pay it, it will be Knauf that pays it on behalf of their subsidiary and any other privately owned companies that are producing it.
ONE TEAM - ONE FIGHT!!!
Mike
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Spring Hill (Nashville area), Tennessee
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Judge Hands Down First Chinese Drywall Verdict
[#5] Posted: Apr 09 2010 - 1:40:44 PM | | |
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$2.6M is not all that much when you consider that the legal profession and whoever else is going to get a sizable cut (40% + expenses) as well!
Divide what is leftover and that is what they will get. I bet they will be lucky to get $50,000 per family.
Watch Knauf file for bankruptcy, I'm sure that is in the plans down the road after this settlement is appealed a couple of times.
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Scott Patterson
http://www.traceinspections.com
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Victoria, British Columbia
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Chicago, IL
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Judge Hands Down First Chinese Drywall Verdict
[#7] Posted: Apr 09 2010 - 6:08:09 PM | | |
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Homebuilding in America, and how it gets that way.
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Kurt in Chicago
Workin' the Inner City
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Louisville, KY
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Judge Hands Down First Chinese Drywall Verdict
