Home

Pepsi Faces $1.2 Billion Default Judgement
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Pepsi Co is the victim of its own bureaucracy in a Wisconsin case that ended in a default judgement earlier this month.

The background is simple enough. Two Wisconsin men sued Pepsi in June for allegedly misappropriating trade secrets from confidential talks and using them to make and sell Aquafina. The men served Pepsi at its North Carolina headquarters. Then things went a bit haywire. Pepsi says that its agent in North Carolina failed to deliver the notice to their legal headquarters in New York until mid September. The papers were delivered to Deputy General Counsel Tom Tamoney, but his secretary set them aside because she was busy preparing for a board meeting. Tamoney didn’t see the papers until early October, after a Wisconsin judge entered a default judgement against the company.

Pepsi has asked the court to vacate the judgement, saying that the suit should be barred based on the Statute of Limitations and claiming that the interests of justice have been violated. Although Wisconsin courts are hesitant to vacate default judgements in general, the judge also has to option to litigate the damages portion of the case.

  
What
Where




 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Corporate, Mergers and Acquisitions and Securities Associate Attorney

USA-NY-New York City

New York City office of our client seeks corporate, mergers and acquisitions and securities associat...

Apply Now

Business Litigation Attorney

USA-CA-Santa Monica

Santa Monica office of our client seeks business litigation attorney with 1-3 years of experience. T...

Apply Now

Intellectual Property Litigation / Enforcement Associate Attorney

USA-CA-San Francisco

San Francisco office of our client seeks intellectual property litigation / enforcement associate at...

Apply Now

Eminent Domain Attorney

USA-TX-Richmond

Richmond office of our client seeks eminent domain attorney with 5+ years of experience. The candida...

Apply Now

RELEVANT JOBS

Accounting Clerk

USA-CA-Los Angeles

L.A. downtown law firm with international practice seeks a full-time Accounting Clerk.  On...

Apply now

ATTORNEY

USA-NJ-Livingston

WORKERS COMPENSATION DEFENSE Braff, Harris, Sukoneck & Maloof seeks attorney with a minimum of 3-...

Apply now

Litigation Paralegal

USA-TX-Houston

Litigation Personal Injury Paralegal We are a busy personal injury law firm, seeking an experienc...

Apply now

Paralegal

USA-FL-Miami

Role Summary Prominent international medical cannabis company seeking experienced paralegal to fu...

Apply now

SEARCH IN ARCHIVE

To Top