Federal Judge awards $2.6 million to 7 families and sets standard for remediation

NEW ORLEANS, April 12 /PRNewswire/ -- Baron & Budd, P.C. today announced a precedent-setting ruling for homeowners struggling with toxic Chinese drywall.  On April 8, United States District Judge Eldon E. Fallon issued his 108-page opinion describing in detail scientific findings about the effects of Chinese drywall on and the necessary scope of remediation.   He awarded a total of $2,609,129.99 to seven families with Chinese drywall in a default judgment against Taishan Gypsum Co. Ltd. (Taishan), a Chinese company which failed to appear in the lawsuit.  Judge Fallon oversees the federal multi-district litigation (MDL) court in New Orleans, where all pending Chinese drywall cases filed in federal court have been consolidated.  

"These homeowners have already suffered terrible losses and have received no help from their insurance companies, their builders, their mortgage lenders, or the manufacturers," said Bruce Steckler, Baron & Budd shareholder and member of the Plaintiffs' Steering Committee in the federal Chinese drywall litigation.  "We're pleased that Judge Fallon saw the seriousness of the damages, and we will do everything we can to enforce this court's judgment against Taishan."

Baron & Budd attorney Kelly Reddell was part of the trial team that achieved this groundbreaking result.  

Find out more about the decision at BaronandBudd.com.

About Baron & Budd, P.C.

Dallas-based Baron & Budd, P.C., with offices in Baton Rouge, Austin and Beverly Hills, is a nationally recognized firm with more than three decades of experience representing people and communities harmed by corporate negligence. The firm resolved one of the first asbestos cases in the United States in the 1970s and continues to serve people diagnosed with mesothelioma and asbestos-related lung cancer as well as communities and consumers dealing with the costs of fraud and corporate misconduct.

Contact: Susan Knape, (214) 629-0596

SOURCE Baron & Budd, P.C.

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