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Joseph H. Saunders
Joseph H. Saunders
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First Chinese Drywall Lawsuit Ends in $2.4 Million Verdict

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Armin and Lisa Seifert, a Florida couple whose house was contaminated with Chinese drywall, has been awarded a $2.4 million verdict by a jury. The first ever Chinese Drywall lawsuit ended in a favorable verdict for the homeowners but it may be difficult to recover the money from those found responsible for the contamination. The jury found Banner Supply of Miami 55% responsible for the damage while Chinese company Knauf and two other companies bore the rest of the responsibility.

Thousands of US homeowners have sued Banner Supply for the Chinese Drywall. Knauf, a Chinese company, is more difficult to hold accountable in US courts.