Www.ChineseDrywallClass.com – Chinese Drywall Class Action Lawsuit Settlement
You can find out more about the Chinese Drywall Class Action Lawsuit Settlement at the www.ChineseDrywallClass.com website. This is an $80 million settlement. Many homeowners have had to suffer when Chinese drywall was installed in their homes. There have been other settlements over this product and this is the fifth one. This is for Chinese Drywall builders, installers and suppliers. The insurers of this product are also included. This is actually a global settlement. This has not yet been approved by the court.
Once the Global Chinese Drywall Class Action Lawsuit Settlement has been approved, you will be able to file a claim form which you will be able to find at the www.ChineseDrywallClass.com website. You will only be able to do this if you qualify. For right now, if you wish to remain a class member, you do not need to do anything. All you have to do is keep checking the website to find out when you will be required to file a claim in order to get the benefits. You should be able to exclude yourself if you want if you submit this to the court by September 28, 2012. If you decide that this is what you want to do you will not get any compensation from this case. That means that you will lose all your legal rights in this case but you retain the right to sue the company on your own or take part in other lawsuits against the company. If you do not file a request to be excluded, you will remain in the settlement and be a class member if you qualify. This means that you will not only get compensation but you will be able to object. Your objection must be in written form and must be submitted by September 28, 2012.
As I mentioned earlier there have been many lawsuit against Chinese Drywall. These lawsuits are known as the In re Chinese-Manufactured Drywall Products Liability Litigation. The reason for these lawsuits is that the product causes damage to your property. This includes damage to your wiring, pipes, air conditioners, HVAC systems and many appliances. You are considered a class member of this particular settlement if you have property damage due to the product or have suffered personal injuries because of the product in your property. You must be in the United States in order to be eligible. However, if you live in Virginia, you are not eligible to file a claim in this case.
Many people are covered under this settlement. They include tenants, heirs, executors, administrators of the property, residents, guests and lots more. You will be able to get an entire list of people included on the website. You can go there to find out more about who exactly is included in this. You will also be able to get a list of all the companies that have manufactured this product. They include Baier Building Materials, Beijing New Building Materials Public, CNBM, and a whole lot more. Again, you will be able to get the list at the website.
The easiest way to find out if you have Chinese Drywall in your home is to look at the drywall. They will have a stamp on the back that tells you what it is. You may also see something that says Made In China. You may able to view this through your attic. You can also remove an air return vent to find out if you have the product. Please be careful when you are doing this. If you are still not sure, there are pictures of the product at the settlement website. You will be able to view the product and then compare it to what you have in your home. If you cannot see the markings or are not sure if you do have the product in your home you can call and talk to someone about it. The phone number is provided for you at the site.
The amount of the Global Chinese Drywall Class Action Lawsuit Settlement is $80 million. How this will be distributed among all those who are eligible to get compensation has not been decided yet by the court. You will get a cash payment but how much is not yet known. Just keep checking the website to get more information.
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