Chinese drywall manufacturer Taishan losses 2 hearings in Virginia
Norfolk and Virginia Beach Circuit Court Judges entered default judgments against the Chinese manufacturer, Taishan Gypsum Co. Ltd., which sold defective Chinese drywall to the US.
Chinese Drywall PBS Story: Tainted drywall made in China causing harm
Chinese Drywall PBS Segment: Tainted drywall made in Chinese causing harm
New Virginia Chinese Drywall Law: Defective Chinese drywall; disclosure, assessed value, real estate tax exemption
Real Estate License holders and Landlords must disclose Chinese drywall in to buyer/tenant. If this information is not provided within 60 days the lease may be terminated…
No Commercial Insurance Coverage for Builder’s Chinese drywall repairs; Norfolk, VA
A summary judgment in Builders Mutual Insurance Co., v. Dragas Management Corporation, rules in favor of insurance company claiming Dragas had no legal obligation to pay remediation costs as damages.
Virginia homeowners still battling Chinese drywall problems
Chinese drywall battle in Virginia: After 2 years, more than 170 Hampton Roads homeowners are still fighting the Chinese drywall battle. Since many have sold their homes, lost them to foreclosure or bankruptcy. Many who have sold their homes were only able to receive less than half of what they paid.
Virginia Chinese Drywall Victims: Deadline Approaching
Virginia Chinese drywall victims should be aware of the approaching deadline for filing a lawsuit. Contact us for more information.
IRS Allows Tax Break for replacing Chinese drywall
The Internal Revenue Service (IRS) has announced that it would give victims of defective Chinese drywall a tax break by allowing them to claim their homes as a “casualty loss.” According to the NY-Times, this will allow homeowners to make a deduction for the cost of repairs and damaged appliances.
Chinese drywall Newport News, VA TownHall Meeting w/ CPSC
Newport News, VA Chinese drywall town hall meeting with CPSC representatives still left homeowners, and now renters, with no answers to their questions concerning water safety, health problems, foreclosure.
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.