Coke Wins Dismissal Of Suit Over Barq's Stake

Law360, New York (January 7, 2011, 5:50 PM EST) -- The Coca-Cola Co. has won the toss of a contract suit brought by the heirs of the founder of Barq's Inc., who claimed they were owed compensation for an existing ownership stake in the root beer company.

In a ruling on Wednesday, Judge Carl Barbier of the U.S. District Court for the Eastern District of Louisiana dismissed the suit brought by the estate of Arthur Robinson — son of Jasper "Jesse" Louis Robinson — with prejudice at the plaintiff's cost.

The estate had contended that the...
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