Chinese Drywall Toxic?

US officials are in China hoping to persuade Chinese companies to pay for repairs to homes built with toxic drywall made in that country. Inez Tenenbaum, head of the US Consumer Products Safety Commission (CPSC), is in Shanghai for a meeting with her counterparts there, and will ask the country’s trade ministry to convince [...]

Homeowner attorneys are hoping to protect their clients by seeking rules in settlements over defective Chinese drywall. Bradenton.com said the lawyers are asking a federal judge to put some rules in place on manufacturers settlement attempts with home builders, noting that builders and Knauf Plasterboard Tianjin Co. Ltd. (KPT), could potentially use settlement talks to [...]