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Chinese Drywall Manufacturer Agrees To Remediate Homes Affected By Defective Product

NEW ORLEANS -- (Mealey's) The Plaintiffs' Steering Committee (PSC) in the Chinese Drywall multidistrict litigation and defendant Knauf Plasterboard Tianjin (KPT) on Oct. 14 announced a settlement to remediate up to 300 homes in Alabama, Mississippi, Louisiana and Florida impacted by KPT's...

Preliminary $55M Settlement Reached With Florida Homeowners In Chinese Drywall Action

NEW ORLEANS - (Mealey's) Parties in MDL 2047 announced June 14 that a preliminary $55 million settlement has been reached between Florida-based drywall suppliers, their insurers and a proposed class of homeowners whose properties were damaged by tainted Chinese drywall ( In re: Chinese-Manufactured...