A settlement agreement has been reached with a New Orleans, La.-based supplier of tainted Chinese drywall in the multi-district litigation (MDL 2047) over the product. Interior/Exterior Building Supply L.P. and the company’s two primary insurers have reached a settlement in …
Damages and injuries from Chinese drywall fall under a pollution exclusion endorsement on a commercial general liability policy (CGL) and an insurance company has no duty to defend its insured homebuilder against such claims, a federal court in Florida has …
The U.S. Consumer Product Safety Commission will set up its first office outside the United States in China in a bid to reduce the amount of dangerous products reaching the American market. Commission head Inez Tenenbaum told reporters the “history-making” …
The top U.S. product safety official said on Monday the agency has failed to persuade Chinese makers of defective drywall to compensate American homeowners, in a dispute that threatens to mar strained trade ties. The failure to persuade about 13 …
A federal judge in Louisiana recently let 10 insurance companies being sued by Louisiana homeowners over property damage resulting from the installation of defective drywall from China off the hook for coverage from those claims. The early Christmas gift to …
A Chinese drywall manufacturer has agreed to participate in the remediation of up to 300 homes in Alabama, Mississippi, Louisiana and Florida that were contaminated by faulty drywall. An agreement was reached with Knauf Plasterboard Tianjin (KPT) in Chinese Drywall …
Attorneys hoping to lead the legal fight against BP Plc will descend on the unlikely venue of Boise, Idaho, this week as a special judicial panel considers how to bring order to a wave of spill-related lawsuits. A group of …
Louisiana Gov. Bobby Jindal has agreed to ban insurance companies from dropping coverage of homeowners who have found corrosive Chinese drywall in their homes. Jindal’s office announced that the governor has signed the bill by Metairie Sen. Julie Quinn into …
As time ran out on the Louisiana legislative session, lawmakers were unable to complete a deal on a Senate Bill 731, which would have allowed the attorney general to hire outside attorneys on a contingency fee basis, according to the …
A Florida couple who fled their dream home because of foul-smelling, ruinous Chinese drywall was awarded $2.4 million in damages last Friday in America’s first jury trial over the defective wallboard that could have legal ramifications for thousands of similar …