Banner Files Claim Against Knauf for Lost Business, Damage to Reputation

NEW ORLEANS ¬¬- Banner Supply Co. has sued drywall manufacturer Knauf Gips KG and its related entities seeking compensation for lost business and damage to its reputation, stemming from the company's supply of defective drywall to builders throughout Florida. Payton, et al. v. Knauf Gips KG, et al., No. 09-7628; Vickers, et al. v. Knauf Gips KG, et al., No. 09-4117 (E.D. La.).

In a cross-claim filed July 15 in two federal MDL class actions, Banner alleges that Knauf concealed information about its drywall product and continued to represent that it was fit for use despite having knowledge that it …