Pepsi Loses 8th Circ. Appeal Of Bottler's $3M Jury Win
By Rachel Scharf (July 29, 2021, 2:34 PM EDT) -- The Eighth Circuit has refused to scrap a nearly $3 million contract verdict against PepsiCo, ruling that dramatic closing arguments from the company's former bottling partner walked "right up to the line of impropriety" but did not cross it.
In a unanimous opinion authored by U.S. Circuit Judge Ralph R. Erickson on Wednesday, a three-judge panel rejected PepsiCo Inc.'s request for a new trial. The beverage giant had sought to undo an Iowa federal jury's November 2019 finding that it owes millions for breaking a promise to reimburse Midwest distribution conglomerate Mahaska Bottling Co. after undercutting its prices through deals with...
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