Recent news from the Wall Street Journal shows the financial report side of Chinese drywall and how insiders have become experts on Chinese drywall in the pursuit of fully understanding the outcomes looming for those unfortunate enough to have used the faulty wallboard. Per the WSJ, When Hovnanian Enterprises Inc.…
Per the Examiner, storms may finally reach the Gulf Coast. A new system taking shape has a fairly high chance of becoming a depression, and possibly tropical storm, on either September 1 or 2, according to the National Hurricane Center. It is located east of Puerto Rico near the Lesser…
A little bit of ‘News in Short’ Miami Herald: more tax benefits for Chinese drywall victims Scientific tests have shown that toxic China-made drywall installed in homes beginning in 2001 emits harmful gases that corrode copper wiring and other parts of people’s homes. In addition, these gases harm people’s health,…
One of our clients recently had their home inspected for Chinese drywall and the report was completed this week. For those wondering what a report details, it includes Interviews of the home’s inhabitants Visual inspection of copper fixtures, air conditioning, coils, etc. for premature corrosion Inspecting unfinished drywall for known…
Coming out of bankruptcy court, WCI’s plan for restructuring and settling debt has been approved. A bankruptcy judge on Wednesday approved a plan of reorganization for luxury home builder WCI Communities Inc (WCIMQ.PK), according to court documents, helping clear the way for the company to emerge from Chapter 11 bankruptcy…
Coming out of the news last week are reports that the special fund set aside by Louisiana legislatures may be incredibly inadequate and more money may be necessary. A Louisiana fund set up to help the victims of defective Chinese drywall may not be adequate, according to a report in…
The Wall Street Journal reports that companies in the Gulf and outside of it are not seeking insurance for catastrophe this hurricane season. Citing “improved technology and increased regulations” as rationale for avoiding the provisions, these companies still stand at some peril as hurricane season escalates. The article notes Many…
A recent news piece reveals that Chinese drywall may have gotten as far as Las Vegas when it was imported and installed into new homes nationwide. Homeowners have cited the now standard signs of it having been used for the development of their dwellings and inspectors have begun investigating A…
Just a helpful reminder that buying a weather radio may be a good idea before it is a necessity. Various sites around the internet are selling them, as are businesses in areas around the Gulf Coast, and some decent deals might be something to jump on. One site, for instance,…
Virginia’s WSLS recently did a piece on traveling and the use of travelers insurance that is very relevant to anyone across the United States who may be visiting or doing business in regions such as the Gulf Coast. When visiting areas like Florida, Louisiana, Mississippi or Texas, travelers may want…