Fla. Condo Owners Reach $7.2M Deal In Drywall MDL

Law360, Los Angeles (July 30, 2013, 10:45 PM ET) -- The owners of 267 Boynton Beach, Fla., condo units have reached a $7.2 million settlement in multidistrict litigation with builder Coastal Construction of South Florida Inc. over claims their properties were damaged by defective Chinese drywall, according to a settlement approval motion filed in Louisiana federal court Tuesday.

The settlement over damages claims in the Villa Lago subdivision is part of a massive multidistrict litigation that accused developers in the Southeast of using drywall that gave off sulfurous emissions and interfered with electronics and pipes in...
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