First Chinese drywall trial: Jury awards Florida couple $2.4 million in damages
First Chinese drywall trial: Jury awards Florida couple $2.4 million in damages
Insurance exclusions for Chinese drywall damages: an area of law in flux
U.S. District Judge, Robert G. Doumar ruled last week that the policy which existed between a homeowner and TravCo. Insurance Company does not cover damages caused by defective Chinese drywall. The problematic issue for the homeowner in the case was reportedly specific exclusions that were in the policy. While the case might be disheartening upon first glance for homeowners across the country, this area of law is in flux, as courts are coming down on both sides regarding this particular issue.
Chinese drywall manufacturer Taishan Gypsum Co. responds to lawsuit
Taishan Gypsum Co. Ltd, the Chinese drywall manufacturer that was ordered to pay $2.6 million in damages to seven Virginia homeowners, has for the first time yesterday responded to the lawsuit with an appeal. This response has renewed hope that the company may eventually pay these damages.
How much does family deserve for Chinese drywall damage?
The drywall was installed in the home that the article references, as being located in Coconut Grove. The attorney for the couple that purchased the home told the jury this week that there was indeed adequate time to stop installing the drywall, and to halt the process. The bottom line is that the drywall did end up in the home.