U.S. District Judge Fallon has announced a Chinese drywall settlement agreement with the German manufacturer Knauf Plasterboard Tianjin Co., which means that thousands of Gulf Coast homeowners will be able to have their homes repaired.
A settlement between the drywall manufacturer Knauf Group and homebuilders who used defective Chinese drywall will result in hundreds of homes being repaired in Gulf states.
A Florida building supply company, Banner Supply Co., filed a lawsuit against the drywall manufacturer Knauf Gips.
A Chinese drywall class-action lawsuit was settled for $54.5 million, which will cover the remediation of 2,000 to 3,000 homes in Florida. The lawsuit was settled with Miami based Banner Supply Co.
Eight months into the Knauf Plasterboard Tianjin Chinese drywall pilot program with 14 homes completed and 77 more said to be completed or under construction by the end of June.
A Hillsborough County Circuit Judge ruled that a family’s home damaged by the defective Chinese drywall should be covered by their homeowners insurance policy.
Two of Interior/Exterior Building Supply’s insurers, Arch Insurance Co. and Liberty Mutual Fire Insurance Co., will allow up to $8 million of their insurance policies to compensate homeowners with defective Chinese drywall.
Lauderhill, Florida woman whose Chinese drywall home was part of the Knauf pilot program, moves back into her home after remediation is complete.
The first home in the Chinese drywall pilot program, agreed to by drywall manufacturer Knauf Plasterboard Tianjin, has begun its scheduled remediation today in Lauderhill, Florida.
US District Judge Fallon says pilot program to fix 300 homes in Florida, Louisiana, Alabama, and Mississippi built with defective Chinese drywall. The manufacturer of the drywall Knauf Plasterboard Tianjin Co., has already inspected and chosen 80 homes to be repaired.
