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.

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