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

Law360, Los Angeles (July 30, 2013, 10:45 PM EDT) -- 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...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

In Re: Chinese-Manufactured Drywall Products Liability Litigation


Case Number

2:09-md-02047

Court

Louisiana Eastern

Nature of Suit

Personal Inj. Prod. Liability

Judge

Eldon E. Fallon

Date Filed

June 15, 2009

Law Firms

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.