Chinese Drywall - Lawsuits

Lawsuits

Class action lawsuits claiming respiratory problems and headaches have been filed by Florida homeowners against home builders, drywall suppliers, and a Chinese drywall manufacturer.

In October 2010, U.S. District Judge Eldon E. Fallon in New Orleans endorsed a settlement in which Knauf Group will pay for the repair of 300 homes of the 3,000 involved in one particular case. Several insurance companies are participating in the agreement. The homes are in Alabama, Florida, Louisiana and Mississippi, but no Texas and Virginia homes are affected by the agreement.

Home supply retailer Lowe’s has denied claims that they have sold contaminated drywall imported from China. Numerous class action lawsuits were brought against the company, and as of October 28, 2010 Lowe’s has agreed to a settlement that may award victims up to $100,000 for damages caused by contaminated drywall purchased at their stores. Lowe’s released a statement saying,

"Lowe's entered into this agreement as part of our commitment to serving our customers, not because such a step is or has been required by law, or because drywall purchased from Lowe's has been proven deficient in any way."