Taishan Gypsum liable for drywall failure

A court in New Orleans has ruled that Chinese firm Taishan Gypsum is liable for US$2.6 million in damages due to its defective drywall products, CBS News reported. However, since Taishan Gypsum is owned by the Chinese government and there are no international laws that would require the Chinese drywall company to honor America court decisions, "there is no guarantee the company will comply," said Anthony Tarricone, president of the American Association for Justice. As a result, the seven homeowners who were plaintiffs in the case are unlikely to receive any money, highlighting the difficulties of cross-border liability lawsuits.