Chinese Drywall Toxic?

LEE COUNTY: Over the next few days nearly 50,000 Lee County homeowners will be receiving a letter in the mail that could save them money. The county property appraiser is looking to provide tax relief to those who can prove their home is affected by Chinese drywall. “We have to come up with what would [...]

Sarasota – Judge Eldon E. Fallon, who rose to national prominence by handling the complex Vioxx litigation, is fast-tracking the numerous Chinese drywall cases to a pace rarely seen in the plodding federal court system. Fallon, who is overseeing the combined litigation in New Orleans, has advised attorneys that trials could start as soon as [...]

WCI Communities, the bankrupt home builder that used tainted Chinese drywall in numerous developments throughout Florida may soon be setting up a trust aimed at helping some of the company’s drywall victims. Last week, federal bankruptcy Judge Kevin J. Carey approved the adequacy of WCI’s “disclosure statement,” the company’s plan for reorganization that will now [...]

South Florida builder WCI Communities Inc. has agreed to set up a trust account to help owners in developments such as the Parkland Golf & Country Club pursue claims over Chinese drywall used in their homes as part of its bankruptcy case. On Friday, Judge Kevin J. Carey of the U.S. Bankruptcy Court for the [...]

A group of Aranda homeowners are fed up with what they say is their builder’s failure to address problems with Chinese drywall, and plan to take action. The group will meet from 6 to 8 p.m. on Monday, July 27 at the Cape Coral Library to discuss strategy. About 200 Aranda homeowners have been invited; [...]

Why didn’t somebody say something about the Chinese drywall? That’s a question that’s really bugging Ken Abel. Abel hails from Long Island, N.Y. During an Easter vacation here, he and his wife Nataliya decided to buy property on the Treasure Coast. They found what looked like the perfect candidate in Tradition. The townhomes at the [...]

The potential health hazard and economic devastation facing homeowners whose houses contain Chinese drywall requires definitive action and an end to foot-dragging and blame games. An effort by Lee County Property Appraiser Ken Wilkinson to offer some relief to victims of Chinese drywall is a Band-Aid, which may help some people in the short-run, but [...]

A bankruptcy judge has approved revisions to a proposed plan for WCI Communities to emerge from bankruptcy, which includes a trust account for claims against insurers or suppliers regarding defective Chinese drywall. U.S. Bankruptcy Judge Kevin Carey approved what is known as a Disclosure Statement for the revisions to the proposed bankruptcy plan on Friday. [...]

CHAMPLAIN, N.Y., July 17 /PRNewswire/ — Electrocorp, an industrial air purification company, is receiving national attention after field testing by a Florida company showed levels of Hydrogen Sulfide (H2S) and other gases, emitted from tainted Chinese drywall that was used to build hundreds of thousands of homes across North America, were reduced by 80% to [...]

WCI Communities, Inc. announced today that the Delaware Bankruptcy Court presiding over its chapter 11 cases has approved the adequacy of its Disclosure Statement for its Plan of Reorganization. At the hearing, it was announced that agreements on terms of the Plan had been reached with the steering committees for the Company’s senior secured term [...]