AmiCOUR
IP Group
Blog Comments
Bottle
Bonanza?
Pepsico Default Judgment
Tops $1 Billion
October 28, 2009
- A Wisconsin state court has awarded a default judgment to Charles
Joyce and James Voigt after they sued the soft drink maker claiming it’s
distributors had misappropriated trade secrets related to selling
purified water. They alleged that information was illicitly passed to
PepsiCo and used to launch its Aquafina brand of purified water.
PepsiCo failed to appear in the Wisconsin court but now appears to be
scrambling to overturn the $1.26 billion judgment. Attorneys for
the named Pepsico distributors did make appearances in June and July.
Now PepsiCo’s attorneys appear to be arguing “improper” service to a
registered agent in North Carolina as the explanation of why it never
heard about the case. Other arguments are expected to include
expiration of the statute of limitations and due process concerns
related to the size of the damage calculation.
|
No comments yet.
Add Your Comment:
|