Hearing set to determine damages in Chinese Drywall litigation

As reported by the Associated Press

wallboardWith a hearing scheduled to decide how much money thousands of people are owed for Chinese drywall damage to their homes, the manufacturer has made payments required to participate, including $3.2 million to seven homeowners. The April 28 hearing will determine damages to as many as 4,000 homes built or repaired in Virginia, Florida, Alabama, Mississippi, Louisiana and Texas with drywall made by Taishan Gypsum Co. Ltd. “I never thought the Chinese would come to the table. This is a significant event,” said Eric Bailey, one of those remaining plaintiffs. He sold his $240,000 house for $80,000 after learning fumes from chemicals in the drywall were causing his continual problems with electrical wiring and appliances.

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