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Default Another drywall case settled

"A federal judge has awarded more than $164,000 to a family whose home was
ruined by Chinese-made drywall.

"Tuesday's ruling by U.S. District Judge Eldon Fallon comes less than a
month after he awarded $2.6 million to seven Virginia families. Fallon's
earlier decision was the first for a batch of federal lawsuits over
drywall-tainted homes.

"Fallon presided over a trial without a jury for the case brought by the
Hernandez family of Mandeville, La.

"He ruled all drywall must be removed and the home needs to gutted. He also
agreed that electrical wiring, plumbing components, the heating and air
conditioning system and appliances must be replaced. "

http://www.cbsnews.com/stories/2010/...n6438003.shtml


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Default Another drywall case settled

HeyBub wrote:
"A federal judge has awarded more than $164,000 to a family whose home was
ruined by Chinese-made drywall.

"Tuesday's ruling by U.S. District Judge Eldon Fallon comes less than a
month after he awarded $2.6 million to seven Virginia families. Fallon's
earlier decision was the first for a batch of federal lawsuits over
drywall-tainted homes.

"Fallon presided over a trial without a jury for the case brought by the
Hernandez family of Mandeville, La.

"He ruled all drywall must be removed and the home needs to gutted. He also
agreed that electrical wiring, plumbing components, the heating and air
conditioning system and appliances must be replaced. "

http://www.cbsnews.com/stories/2010/...n6438003.shtml


Earlier threads questioned who would pay for the repair. The article
appears to say it is the manufacturer, Knauf Plasterboard Tianjin Co.
Knauf appears to be a German company and Tianjin is a city in China.

A Wall Street Journal article has some information on "who pays"
http://online.wsj.com/article/SB10001424052748704471204575210153577223286.html?m od=WSJ_Real+Estate_RIGHTTopCarousel

"A Chinese drywall maker [Knauf] said it is negotiating with U.S. home
builders to settle claims that the company supplied them with a faulty
product.

"Builders have been hit by a rash of lawsuits from homeowners, who
complain that defective drywall imported from China during the housing
boom is generating sulfurous odors and in some case causing health
problems. The home builders, under pressure to replace the drywall, are
suing the makers and other parties to cover their costs.

"Some lawyers and industry experts question whether Chinese companies
could be forced to pay up, even in the event of an adverse legal
outcome. But the move by the drywall maker, Knauf Plasterboard Tianjin
Co. Ltd.—known as KPT for short—indicates that at least one company is
willing to negotiate.

"Earlier this month, seven Virginia families were awarded $2.6 million
in a court judgment against another Chinese drywall maker. The award
averages more than $385,000 her homeowner. Some believe the actual cost
to solve the problem is much lower.

"The defective drywall, also known as gypsum board, was imported from
China from about 2004 until 2007 to fill a shortage during the housing
boom. A growing number of homeowners—there have been more than 3,000
reports in 37 states and other areas—complain that it generates
sulfurous odors and corrosion that tarnishes metals and causes
appliances such as air-conditioners to fail. Some owners complain of
ailments, from headaches to itchy skin.

"As the drywall cases wind though the courts, some builders are picking
up the repair tab. Lennar Corp. has set aside nearly $81 million to
repair about 750 homes in Florida, according to securities filings. It
seeks reimbursement from parties including subcontractors and insurers.
Lennar declined to comment."
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Default Another drywall case settled

On Wed, 28 Apr 2010 09:51:17 -0500, bud--
wrote:


"Earlier this month, seven Virginia families were awarded $2.6 million
in a court judgment against another Chinese drywall maker. The award
averages more than $385,000 her homeowner. Some believe the actual cost
to solve the problem is much lower.


This might include renting another place to live while the repairs are
being made, and maybe other costs I haven't thought of, in addition to
the actual repair cost.

OTOH you say they same judge only gave 164K to the owners of another
house. Maybe it's a smaller house, or he got more information and
would be ready to lower the judgments for the other 7.
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Default Another drywall case settled

"mm" wrote in message
...
On Wed, 28 Apr 2010 09:51:17 -0500, bud--
wrote:


"Earlier this month, seven Virginia families were awarded $2.6 million
in a court judgment against another Chinese drywall maker. The award
averages more than $385,000 her homeowner. Some believe the actual cost
to solve the problem is much lower.


This might include renting another place to live while the repairs are
being made, and maybe other costs I haven't thought of, in addition to
the actual repair cost.

OTOH you say they same judge only gave 164K to the owners of another
house. Maybe it's a smaller house, or he got more information and
would be ready to lower the judgments for the other 7.




All I can say is THANK GOD none of it made it's way up here to Maine
considering the THOUSANDS of sheets I and the company's I subbed from
installed during the boom.."There but by the grace of God go I''...I'm glad
the Chicom companies are stepping up and the homeowners are getting their
homes fixed...

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