The Plaintiffs' Steering Committee (PSC) in the Chinese drywall multi-district litigation and Knauf Plasterboard Tianjin (KPT) recently announced a settlement to remediate homes impacted by KPT's drywall. The agreement establishes a demonstration remediation program, funded by KPT and a number of builders, drywall suppliers, and their insurers. The program includes the removal of the problem drywall from up to 300 homes in Alabama, Mississippi, Louisiana, and Florida. In addition, the settlement includes the replacement of all electrical wiring, including switches and receptacles and the replacement of fire safety and home security equipment.
For more information on remediating corroded electrical systems due to Chinese drywall, read "Remediation Debate" in the October issue of EC&M.
