by Associated Press Published: November 17,2011
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NEW ORLEANS — A settlement outlined yesterday between a major manufacturer of Chinese-made drywall and homebuilders who used the tainted product in Florida, Texas, Louisiana and Mississippi could affect anywhere from 800 to 1,500 homes, attorneys said. Lawyers called it a significant step toward resolving problems with some 10,000 buildings blamed on the drywall. Plaintiffs’ [...] [...]
MIAMI — Mississippi homeowners who are the victims of defective Chinese drywall may want to keep a close eye on events in Florida. An attorney for homeowners who bought properties with tainted Chinese drywall says Florida’s public insurance company has again reversed course, saying it will suspend policies for those individuals. David Durkee says his [...] [...]
PLAQUEMINE, La. — Knauf Plasterboard Tianjin Co., Ltd., one of the companies responsible for manufacturing defective Chinese drywall, has agreed to settle two Louisiana cases set to go to trial today in U.S. District Court Judge Eldon E. Fallon’s courtroom in New Orleans. Plaintiffs, Paul and Celeste Clement and John Campbell, own homes that contain [...] [...]
WASHINGTON — Sen. Thad Cochran (R-Miss.) and Sen. Roger Wicker (R-Miss.) are pressing the U.S. Fire Administration (USFA) to establish a public information campaign to alert homeowners to the potential fire hazards posed by corrosive drywall imported from China. Cochran and Wicker are among six Senators who today asked the USFA, an agency within the [...] [...]
Sen. Thad Cochran (R.Miss.) and Roger Wicker (R-Miss.) have joined in asking the federal government to help protect Mississippi consumers from companies and individuals offering questionable solutions for contaminated drywall imported from China. In a letter to Federal Trade Commission (FTC) chairman Jon Leibowitz, the Mississippi senators joined in formally asking the FTC to investigate [...] [...]
After almost a year of stabilizing, the cost of construction materials is on the rise. Again. Though the price of building commodities had seen a steady decline in 2009, construction economists are predicting that prices are expected to expand nearly six percent in 2010. Ken Simonson, chief economist with the Associated General Contractors of America, [...] [...]
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