Thursday, December 13, 2012

Jury Verdict a Defeat for Chinese Drywall Homeowners



A federal jury last week ruled in favor of the New Orleans drywall supplier, Interior/Exterior Supply, that distributed the toxic and corrosive Knauf-brand imported Chinese drywall. Judge Fallon, the presiding judge over the Chinese drywall MDL, oversaw the week-long trial and found that the company did not know that the materials purchased from Knauf were defective.

Knauf Plasterboard Tianjin, a major manufacturer of problem drywall from China, agreed last year to pay hundreds of millions of dollars to repair 4,500 homes ruined with its product. That proposed settlement is still awaiting final court approval from Judge Fallon.

One of the major impacts of this verdict is how it affects other distributors of Knauf-brand drywall and Taishan-brand drywall in the MDL and the many other state-filed cases throughout the United States.