Court holds Chinese drywall maker in default
Posted by BuyingFlorida on 09-25-2009
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A Louisiana federal judge has declared Chinese company Taishan Gypsum Co. – one of the largest manufacturers of contaminated Chinese drywall imports – in default in a class action lawsuit. U.S. District Court Judge Eldon Fallon’s order holds the company in default for failing to respond to the lawsuit. The default ruling has the potential to heighten the international tension in the unfolding drywall case, said Miami attorney Ervin Gonzalez, of Colson Hicks Eidson. “The bottom line is: If you want to do business in the U.S., you have to hold companies accountable,” said Gonzalez, co-chairman of the trial committee for multidistrict court panel that is coordinating the federal drywall litigation. “If they’re not willing to appear in a court of the U.S., you shouldn’t be able to do business here.” At least one national legal group said the ruling is an example of why new federal legislation is needed to hold foreign manufacturers accountable. The … (Read More) |
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