Taishan Gypsum Co. LTD, one of the largest makers of Chinese drywall, has failed to respond to one of the many class-action lawsuit filed against it, prompting U.S District Court Judge Eldon E. Fallon to issue a default judgment against the firm.
Though the Taishan default judgment is a victory for drywall plaintiffs, it could prove difficult for them to collect against the firm, as American consumers face many roadblocks when suing foreign companies. As we reported earlier this summer, the Chinese drywall debacle has prompted some U.S. Senators to propose a law that would eliminate those obstacles. The Foreign Manufacturers Legal Accountability Act would, among other things, require foreign manufacturers to agree to be held accountable by U.S. courts. (more…)

