The much-touted Banner Supply settlement is a total scam
June 25, 2011
My latest HND piece takes a much-needed critical look at the latest nonsense being foisted on the poor victims of the Chinese drywall mess.
The greedy plaintiff's lawyers, led by chief perpetrator Arnold Levin, plan to split millions of dollars in fees, while the victims themselves will see no more than a few thousand—but even this small recovery is dubious, and is not nearly enough money to fix their homes.
Judge Eldon Fallon will likely not let this stand, but if he does, the homeowners are advised to use their small settlement to retain a bankruptcy attorney, declare Chapter 11, and walk away from their mortgages, since there will never be any relief for them.
Read the complete article.
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