Settlement Announced in Decade-Old Chinese Drywall Litigation Lawsuits
Source: PR Newswire, August 20, 2019
Posted on: https://www.advisen.com
Lawyers for thousands of property owners who alleged that their homes and properties were damaged by defective Chinese drywall filed a motion today asking a federal judge in New Orleans to approve a nationwide settlement of their lawsuits. The Chinese Drywall Litigation has been ongoing for more than ten years. The proposed settlement calls for $248 million to be funded by Taishan Gypsum, Co., a Chinese manufacturer of construction products. Read more.