A quick little bit of news via the Naples News and the Wall Street Journal Financially strapped homebuilder WCI Communities Inc. has agreed to create a trust fund to cover Chinese drywall claims. The agreement is spelled out in a disclosure statement approved by a U.S. bankruptcy judge in Delaware…
A company located in Canada has connected with a Florida testing facility and has claimed to build a machine that reportedly reduced the dangerous gas levels emitted by Chinese drywall by “up to 85 percent.” According to Canada.com, a carbon filter unit has been constructed that limits hydrogen sulfide levels…
Quick blurb on an article The Herald Tribune did on possible tax benefits for those who suffered as a result of Chinese drywall installed in their homes The Internal Revenue Service says that victims of Chinese drywall might qualify for a casualty loss on their taxes because of the corrosion…
In promising developments for the Chinese drywall issue, Lennar Corp., which has had numerous complaints filed against it for the faulty wallboard it had been using in construction efforts, has made steps to fix the problem for its customers. Setting aside money while confirming complaints allows progress to be made.…
The Chinese drywall issue has surely frustrated many in the Gulf Coast region. With rotten egg, sulfuric smells filling many newly built or renovated homes, homeowners are forced to flee or put up with a very problematic issue that no person should have to handle. The lawsuits regarding this issue…
The NOLA.com recently ran a synopsis on Chinese Drywall and the various developments that have come from this very complicated issue, including discussion of a conference held in New Orleans on the issue. A summary Amid the welter of questions about tainted Chinese drywall, from the exact source of the…
The U.S. Consumer Product Safety Commission, the overarching body responsible for product reliability and keeping dangerous products out of the country, is the governmental source to make claims to regarding Chinese drywall. While the CPSC has not been able to find a definitive way in which home or property owners…
As Chinese drywall lawsuits develop and people continue to struggle with the hidden dangers within their walls, developments continue to mount that are relevant for anyone facing these issues. Tampa Bay Online has done a good job summarizing the issues facing homeowners across the United States in regards to Chinese…
A seminar dealing with the Chinese drywall fiasco going on across the Gulf Coast will be held July 31, 2009, in New Orleans, LA. Feating a host of speakers dealing with a wide assortment of issues relating to the Chinese drywall issue, the conference is billed as “a practical, one-day…
As a show of solidarity with constituents and Gulf Coast residents regarding the Chinese drywall debacle, several members of Congress have stepped up to the plate and petitioned the IRS to buffer the tax expenses of those individuals who have suffered from the faulty wallboard. The effort is a practical…