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Company: Knauf Plasterboard Tianjin
Current Parent Company:
Knauf
Parent at the Time of the Penalty Announcement:
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Penalty: $1,000,000,000
Year: 2013
Date: February 7, 2013
Offense Group: safety-related offenses
Primary Offense: product safety violation
Mega-Scandal:
Defective Building Materials
Violation Description: Knauf Plasterboard Tianjin, a subsidiary of the German company Knauf, agreed to a settlement estimated to be worth up to $1 billion to resolve is role in multi-district litigation concerning defective drywall that emitted noxious odors.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of Louisiana
Civil or Criminal Case: civil
Case ID: 2:09-md-02047
Case Name: In Re: Chinese-Manufactured Drywall Products Liability Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Germany
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: building materials
Specific Industry of Current Parent: insulation
Source of Data:
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Link to PACER Case Docket (must be logged in):
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
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