Lawyers for Chinese drywall victims are warning clients that some Chinese manufacturers may simply choose to ignore lawsuits filed in the U.S. According to an Associate Press report, attorneys for the thousands of homeowners who have filed lawsuits over Chinese drywall are already considering contingency plans should this occur.
Chinese drywall poured into the U.S. between 1999 and 2007 because of the high demand created by the housing boom. Imports accelerated when the rebuilding that followed Hurricane Charley in Florida in 2004, and Hurricane Katrina along the Gulf Coast in 2005, created a drywall shortage. According to The Wall Street Journal, some 500 million pounds of Chinese drywall was imported to the U.S. during the housing boom. That means as many as 100,000 homes throughout the country could have been built with the material. » More: Chinese Drywall Manufacturers May Try to Evade Lawsuits
