Valassis countersues paper manufacturer
Media and marketing services company Valassis Communication Inc. filed a countersuit against paper manufacturer Fraser Papers LTD.
Fraser Papers Ltd. filed the suit last month in US District Court, alleging that Valassis owes it more than $900,000 for nearly 2 million pounds of specialty paper it shipped to the a North Carolina Valassis facility that it was never paid for.
However, in the counterclaim Valassis states that Fraser supplied Valassis with defective paper.
Valassis alleges that it had an agreement with Fraser where Valassis would receive a $600,000 credit for the defective paper from the company, which it never received.