Chinese Drywall Maker Agrees To Pilot Repair Plan

Law360, New York (October 14, 2010, 1:48 PM EDT) -- Chinese drywall maker Knauf Plasterboard Tianjin Co. Ltd. and several suppliers and insurers have agreed to repair 300 homes in the Southeast as part of a pilot remediation program.

KPT, Interior Exterior Building Supply LP, the Louisiana Homebuilders Indemnity Trust, QBE Insurance Group and State Farm Mutual Automobile Insurance Co. agreed to conduct a demonstration remediation program that will see the companies remove problematic drywall from the homes, according to a statement released Thursday by KPT and the Plaintiffs' Steering Committee formed in the wake of...
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