Litigation

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Preliminary $55M Settlement Reached With Florida Homeowners In Chinese Drywall Action
Posted on 14 Jun 2011 by Christopher Bauer

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... Read More

AIG Pays $23M In Gulf Oil Spill Claims; Total May Rise
Posted on 6 Aug 2010 by LexisNexis Litigation Resource Community Staff

NEW YORK - (AP) Taxpayers took another hit, this one indirect, from the oil spill caused by the Deepwater Horizon rig explosion through insurance claims related to the disaster. AIG, the insurance giant that is 80 percent owned by the government, said... Read More