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Up Against a Chinese Drywall
Homeowners from 42 states, the District of Columbia, American Samoa, and Puerto Rico have reported concerns about drywall imported from China and installed in their homes. These homeowners believe that health symptoms and the corrosion of metal components in their homes are related to Chinese drywall. The reports began to arrive in force in 2009 and have triggered the largest consumer product investigation in the history of the federal Consumer Product Safety Commission (“CPSC”).
Drywall, also known as wallboard or plasterboard, is an essential element in residential construction. Home builders in the United States historically used domestically produced drywall, composed primarily from gypsum, a mineral. However, the housing boom of 2004-2006, and the scramble for materials that followed the 2004-2005 hurricanes, led suppliers to import vast amounts of drywall from China to keep up with demand. According to the CPSC, more than 550 million pounds of drywall and associated building materials were imported from China to the United States between 2006-2007. According to the investigations, use of Chinese drywall was widespread, but the vast majority of the product was used in Florida, Louisiana and Virginia.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
Disconnect Between In-House and Outside Counsel
'Disconnect Between In-House and Outside Counsel is a continuation of the discussion of client expectations and the disconnect that often occurs. And although the outside attorneys should be pursuing how inside-counsel actually think, inside counsel should make an effort to impart this information without waiting to be asked.