Product liability news: judge reaches $2.6M verdict in Chinese drywall lawsuit
Legal News for Product Liability Attorneys. A judge ruled on the first of thousands of pending defective Chinese drywall lawsuits filed throughout the nation.
Product liability attorney alert- A U.S. District Judge reached a $2.6 million verdict in a federal lawsuit, which was one of the many product liability cases brought on by defective drywall.
New Orleans, LA—A federal lawsuit, filed with regard to defective Chinese manufactured dry wall, ended with a ruling that would award seven Virginia homeowners with a total of $2.6 million in reparations. The ruling, made on Thursday, April 8, 2010, was the first in a string of pending product liability cases to stem from the Chinese drywall, which has caused substantial damage to thousands of homes nationwide, according to information provided by Bloomberg.
U.S. District Judge Eldon Fallon, who is managing federal drywall-related suits throughout the nation, reportedly ordered Taishan Gypsum Co. to provide $2.6 million to “remove all drywall in their homes, all items which have suffered corrosion as a result of the Chinese drywall and all items which will be materially damaged in the process of removal”. The hazardous Chinese drywall has reportedly corroded homes, some beyond repair, due to the release of toxic odors and chemicals that can damage electrical components, wiring, plumbing, heating appliances, etc…
Fallon reportedly believes that this ruling should help pave the way towards determining how to sufficiently compensate over 2,100 homeowners in other drywall cases. Attorneys handling such cases are apparently still in the process of finding out exactly how many homeowners have Chinese drywall-related claims. The total number of claims may allegedly range from less than 3,000 to over 40,000.
Seven Chinese drywall cases are currently pending in Virginia while three other drywall-related product liability lawsuits were set for trial in June.
Legal News Reporter: Sandra Quinlan- Legal News for Product Liability Lawyers.