Introduction

Settlements
Last Updated: August 23, 2013
 

VIRGINIA SETTLEMENTS On January 7, 2013, the settling parties filed into the record revised versions of the following settlement agreements: Builders Mutual Settlement Agreement; Settlement Agreement Regarding Claims Against Non-Manufacturing Defendants Insured by Nationwide; Settlement Agreement Regarding Claims Against Porter-Blaine/Venture Supply/Insurers; and Settlement Agreement Regarding Claims Against Tobin Trading/Builders Plaster & Drywall/JMM Drywall/Insurers. These revised agreements replace the originals filed on January 3, 2013. On January 17, 2013, the Court issued a Preliminary Approval Order, applicable to the revised Agreements. On May 9, 2013, the parties submitted a Proposed Allocation Plan. Also on April 9, 2013, the Court issued an Order extending certain deadlines relevant to the settlements. Notice for these Agreements can be found here. On July 9, 2013, the Court issued an Order and Judgment certifying four settlement classes and granting final approval to these settlements. (R. Doc. 16934).

BUILDER, INSTALLER, SUPPLIER & INSURER SETTLEMENT AGREEMENT On August 13, 2012, the settling parties filed into the record, the Builder, Installer, Supplier & Insurer Settlement Agreement. There are four exhibits to this Agreement: Exhibit 1 (list of Participating Defendants, last updated 8/23/2013), Exhibit 2, Exhibit 3, Exhibit 4.  The revised Agreement replaces the original Agreement filed on May 22, 2012. On August 22, 2012, the Court issued an Order allowing submission of the revised Agreement and making the Court's prior Preliminary Approval Order issued May 31, 2012, applicable to the revised Agreement. Notice for this Agreement can be found here. Summary Notice for this Agreement can be found here. On January 22, 2013, the Allocation Committee submitted an amended proposed Settlement Allocation Plan. This amended plan replaced the original proposal submitted on August 16, 2012. On February 7, 2013, the Court issued an Order and Judgment certifying a settlement class and granting final approval to this settlement. (R. Doc. 16570). On March 27, 2013, the Court issued an Order governing registration of claims for this settlement. The registration form is available at https://chinesedrywallclass.com. The form may also be submitted in hard copy form and is attached to the Order. All registration forms must be submitted on or before Monday, July 8, 2013.

L & W Settlement Agreement The L&W Settlement Agreement can be found here. The Preliminary Approval Order of the Knauf Settlement Agreement can be found here. Notice for this Agreement can be found here. On February 7, 2013, the Court issued an Order and Judgment certifying a settlement class and granting final approval to this settlement. (R. Doc. 16570). On March 27, 2013, the Court issued an Order governing registration of claims for this settlement. The registration form is available at https://chinesedrywallclass.com. The form may also be submitted in hard copy form and is attached to the Order. All registration forms must be submitted on or before Monday, July 8, 2013.

Knauf Settlement Agreement On December 11, 2012, the settling parties filed into the record a revised Knauf Settlement Agreement. The revised Agreement replaces the original Agreement filed on December 20, 2011. On December 12, 2012, the Court issued an Order allowing submission of the revised Agreement and making the Court's prior Preliminary Approval Order, issued January 10, 2012, applicable to the revised Agreement. The Notice for this Agreement can be found here. On February 7, 2013, the Court issued an Order and Judgment certifying a settlement class and granting final approval to this settlement. (R. Doc. 16570). On March 27, 2013, the Court issued an Order governing registration of claims for this settlement. The registration form is available at https://chinesedrywallclass.com. The form may also be submitted in hard copy form and is attached to the Order. All registration forms must be submitted on or before Monday, July 8, 2013.

Banner Settlement Agreement The Preliminary Approval Order for the Banner Settlement Agreement, this Agreement, and the Notice thereof, can be found here. On January 22, 2013, the Allocation Committee submitted an amended proposed Settlement Allocation Plan. This amended plan replaced the original proposal submitted on March 12, 2012 (R. Doc. 12912). On February 7, 2013, the Court issued an Order and Judgment certifying a settlement class and granting final approval to this settlement. (R. Doc. 16570). On March 27, 2013, the Court issued an Order governing registration of claims for this settlement. The registration form is available at https://chinesedrywallclass.com. The form may also be submitted in hard copy form and is attached to the Order. All registration forms must be submitted on or before Monday, July 8, 2013.

Interior Exterior Settlement Agreement The Amended Interior Exterior Settlement Agreement can be found here. The Preliminary Approval Order for the Interior Exterior Settlement Agreement can be found here. The Notice for this Agreement can be found here. On February 7, 2013, the Court issued an Order and Judgment certifying a settlement class and granting final approval to this settlement. (R. Doc. 16570). On March 13, 2013, the PSC and settlement class counsel submitted a proposed Settlement Allocation Plan. (R. Doc. 16609). On March 27, 2013, the Court issued an Order governing registration of claims for this settlement. The registration form is available at https://chinesedrywallclass.com. The form may also be submitted in hard copy form and is attached to the Order. All registration forms must be submitted on or before Monday, July 8, 2013.

Coastal Settlement Agreement The Coastal Settlement Agreement was preliminarily approved by the Court on April 24, 2013.  See (R. Doc. 16777). The Preliminary Approval Order for the Coastal Settlement Agreement can be found here. The long form notice can be found here. The summary notice can be found here. The Fairness Hearing is tentatively scheduled to take place in the Courtroom of District Judge Eldon E. Fallon following the August monthly status conference, which is tentatively scheduled to begin at 9:00 a.m. central time on Tuesday, August 20, 2013.

RCR Settlement Agreement The RCR Settlement Agreement was preliminarily approved by the Court on June 14, 2012.  See (R. Docs. 14689). On November 19, 2012, the Court issued an Order and Judgment granting final approval to this settlement. (R. Doc. 16265).