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Thread: Price to PepsiCo for Not Being in Court: $1.26 Billion

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    Re: Price to PepsiCo for Not Being in Court: $1.26 Billion

    Quote Originally Posted by RightinNYC View Post
    Why should I remember the $48 billion number? You literally pulled it out of your ass.

    Furthermore, they weren't "willing to just write off 1.26 billion." Did you read the article? Or any posts in the thread?
    Finally, none of that bears on my question: You wouldn't spend $2 million to fight a lawsuit in order to have a strong chance at winning $1.26 billion?
    They chose not to show up to court. So, obviously, that 1.26 billion was chump change, in their eyes. That means that the money they made from stealing the idea + the money made from the bad press going away = a helluva lot more than 1.26 billion.
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    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Price to PepsiCo for Not Being in Court: $1.26 Billion

    Quote Originally Posted by apdst View Post
    They chose not to show up to court. So, obviously, that 1.26 billion was chump change, in their eyes. That means that the money they made from stealing the idea + the money made from the bad press going away = a helluva lot more than 1.26 billion.
    I'll give you one last chance to read the article before I give up on this thread as well.

    (Hint: It involves their "choice" not to show up to court.)
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    Re: Price to PepsiCo for Not Being in Court: $1.26 Billion

    Quote Originally Posted by RightinNYC View Post
    I'll give you one last chance to read the article before I give up on this thread as well.

    (Hint: It involves their "choice" not to show up to court.)
    Game - Set- Match.

    You're still a tool-bag though.
    "I do not underestimate the ability of fanatical groups of terrorists to kill and destroy, but they do not threaten the life of the nation. Whether we would survive Hitler hung in the balance, but there is no doubt that we shall survive al-Qa'ida." -- Lord Hoffmann

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    Re: Price to PepsiCo for Not Being in Court: $1.26 Billion

    Quote Originally Posted by apdst View Post
    They chose not to show up to court. So, obviously, that 1.26 billion was chump change, in their eyes.
    Read the article. They didn't CHOOSE not to show up; they screwed up because the legal documents got lost in the corporate bureaucracy.

    Quote Originally Posted by apdst
    That means that the money they made from stealing the idea + the money made from the bad press going away = a helluva lot more than 1.26 billion.
    I hope you don't ever plan on being a CEO.
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    Re: Price to PepsiCo for Not Being in Court: $1.26 Billion

    Quote Originally Posted by RightinNYC View Post
    It's called "I don't know a damn about the law but can throw out populist rants with the best of them." This is seriously a tired shtick.
    I forgotten more about the law then you will ever know.

    Pepsi is trying to save it's sorry ass from paying out for failing to appear.

    You right-wing business peoples may not like it ... BUT EVEN YOU ARE SUBJECT TO THE LAW.

    If you want to defend yourself, SHOW UP. If not, SHUT UP and accept the consequences.

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    Re: Price to PepsiCo for Not Being in Court: $1.26 Billion

    Quote Originally Posted by Arch Enemy View Post
    Game - Set- Match.

    You're still a tool-bag though.

    OH .....

    RIGHTINNYC GOT OWNED!!!!

    LOL

    Nicely done, ArchEnemy!

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    Re: Price to PepsiCo for Not Being in Court: $1.26 Billion

    Quote Originally Posted by Arch Enemy View Post
    I don't see how you can prove that you were the first to bottle water.
    Pepsi didn't show up for court; therefore, the need to prove anything became irrelevant.

    Pepsi failed to defend themselves and now they can live with the consequences.

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    Re: Price to PepsiCo for Not Being in Court: $1.26 Billion

    Quote Originally Posted by Vader View Post
    I forgotten more about the law then you will ever know.
    For some reason, I doubt this.

    Quote Originally Posted by Vader View Post
    OH .....

    RIGHTINNYC GOT OWNED!!!!

    LOL

    Nicely done, ArchEnemy!
    wow.

    just....wow.

    Quote Originally Posted by Vader View Post
    Pepsi didn't show up for court; therefore, the need to prove anything became irrelevant.

    Pepsi failed to defend themselves and now they can live with the consequences.
    Or they can do exactly what I said they would do above and have the default judgment vacated. Which is what they did yesterday.

    Judge scraps $1.26 billion judgment against Pepsi - JSOnline

    Judge scraps $1.26 billion judgment against Pepsi

    A Jefferson County judge Friday vacated an earlier default judgment in that amount she had granted to the two men against PepsiCo. The company said it had not responded to the April lawsuit until October because of a secretary's "human error."

    The men claimed PepsiCo had misappropriated a trade secret they had discussed with local Pepsi bottlers in 1981, and used it years later for production of Aquafina bottled water. When PepsiCo repeatedly failed to respond or appear on the suit, their attorney, David C. Van Dyke, moved for the default judgment and added the eye-popping damage award. Circuit Judge Jacqueline Erwin signed the judgment Sept. 30.

    That finally caught PepsiCo's attention, and the company scrambled to vacate the judgment and dismiss the initial complaint.

    At a hearing Friday, PepsiCo attorney Dean Panos argued that Erwin should vacate her prior order because Wisconsin law disfavors default judgments. Panos also argued that since the case had barely begun, the plaintiffs would not be harmed, and that no default judgment can stand if the underlying complaint is defective.
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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    Re: Price to PepsiCo for Not Being in Court: $1.26 Billion

    Quote Originally Posted by Vader View Post
    I forgotten more about the law then you will ever know.
    How long have you been a lawyer?
    Quote Originally Posted by SWM
    I never thought infanticide could be so delicious.

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    Re: Price to PepsiCo for Not Being in Court: $1.26 Billion

    I find it odd that anybody would argue that Pepsi paying it's lawyers a few million dollars to find a way to not pay 1.26 billion, which they would, isn't somehow better than paying 1.26 billion. Even if Pepsi lost, which I doubt considering how hard it would be to prove that in 1981 you had the brilliant* idea of bottling water, it simply would be cheaper to settle out of court than pay 1.26 billion dollars.
    I refuse to accept the view that mankind is so tragically bound to the starless midnight of racism and war that the bright daybreak of peace and brotherhood can never become a reality. - MLK

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