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Preliminary approval for Chinese drywall settlement
Wednesday, January 11, 2012
Associated Press: “A Chinese drywall manufacturer would pay hundreds of millions of dollars to resolve court claims by thousands of Gulf Coast property owners who say the product wrecked their homes, under a deal that won preliminary approval Tuesday from a federal judge,” according to this report from New Orleans. The agreement would pay for repairs of about 4,500 properties, mostly in the Southeast, and also cover health problems stemming from the contaminated drywall.
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Tags: Chinese drywall, product safety;
Category: In The News;