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Food & Beverage

  • October 20, 2014

    Half US Retail Terminals To Take Chip Cards By 2016: Report

    A group of top financial institutions said Friday that nearly half of U.S. merchant terminals will accept microchip-enabled credit and payment cards by the end of 2015, as a string of data breaches at retailers and restaurants have pushed the industry to adopt more secure payment card technology.

  • October 20, 2014

    4 Ways To Build A Strong Tourism Improvement District

    Convincing a group of hotels and businesses to create a tourism improvement district and financially back efforts to lure more visitors to the community is no easy task. But when a client asks your law firm to take on that job, experts say these are the four key moves to make.

  • October 20, 2014

    Dutch SHV Holdings Offers $3.5B For Animal Food Co. Nutreco

    Dutch conglomerate SHV Holdings said Monday it has offered €2.7 billion ($3.45 billion) to acquire animal food supplier Nutreco in an all-stock deal, promising to support the fellow Netherlands company’s appetite for expansion while diversifying its own portfolio into new markets.

  • October 20, 2014

    Skadden Steers Permira In $3.5B Agrochemicals Unit Sale

    Private equity firm Permira has netted  $3.51 billion through the sale of insecticide and agrochemicals maker Arysta LifeScience Ltd. to a chemical company part-owned by activist investor Bill Ackman, with assistance from Skadden, Arps, Slate, Meagher & Flom LLP, the companies said Monday.

  • October 20, 2014

    WTO Once Again Strikes Down US Meat Labeling Rules

    For the third time in three years, the World Trade Organization faulted U.S. labeling requirements for pork and beef, finding on Monday that the regulations were still discriminating against Canadian and Mexican imports despite the government's efforts to comply with earlier adverse rulings.

  • October 17, 2014

    JPML Centralizes Blue Buffalo False Ad Suits In Mo.

    The U.S. Judicial Panel on Multidistrict Litigation on Friday merged seven consumer lawsuits accusing Blue Buffalo Co. Ltd. of lying about its pet food ingredients in Missouri federal court, largely because two related suits brought by a pet chow rival are already underway there.

  • October 17, 2014

    Mushroom Collective Gets OK For 3rd Circ. Antitrust Appeal

    A Pennsylvania federal judge overseeing multidistrict litigation over an alleged price-fixing conspiracy in the mushroom market has allowed a collective of mushroom growers and sellers to appeal to the Third Circuit a five-year-old ruling that they are not immune to antitrust claims under federal law.

  • October 17, 2014

    ADB Provides $40M Emergency Aid To Rebuild N. Afghanistan

    The Asian Development Bank said Friday it is providing $40 million in emergency aid to help northern Afghanistan communities ravaged by severe floods this spring rebuild irrigation systems and rural roads.

  • October 17, 2014

    Monster Eyes Fight Over Marshawn Lynch's 'Beast Mode' TM

    NFL superstar Marshawn Lynch is trying register his "Beast Mode" nickname as a trademark for selling energy drinks and candy, but trademark-aggressive Monster Energy Co. is indicating that it's going to try to block him from doing so.

  • October 17, 2014

    Enviros Ask FDA To Ban 2 Food Packaging Chemicals

    The Natural Resources Defense Council and other environmental groups on Thursday called on the U.S. Food and Drug Administration to ban two chemicals used in food packaging, saying they harm fetal development and reproductive systems and cause cancer.

  • October 17, 2014

    Papa John's Customers Again Seek Cert. In Delivery Tax Suit

    Customers of Papa John's International Inc. on Thursday again asked a Florida federal judge to certify a statewide class in a more than $5 million case against the pizza company over allegedly illegal taxes on delivery fees in light of a new charge of violating the state's Deceptive and Unfair Trade Practices Act and a count for punitive damages.

  • October 17, 2014

    Beastie Boys Atty Claims Monster Infringement 'Devious'

    A Monster Energy Co. employee who used five Beastie Boys songs in a promotional video without the hip-hop group’s permission acted with “devious” intent, an attorney for the band told a New York federal judge Friday, seeking to preserve a recent $1.7 million copyright infringement verdict.

  • October 17, 2014

    Fertilizer Giants CF, Yara Ditch $28B Merger Talks

    Fertilizer giants CF Industries Holding Inc. and Yara International ASA of Norway, citing their inability to reach a deal that would benefit shareholders, canceled talks of a $28 billion merger in a Friday announcement, weeks after Yara fired its CEO.

  • October 17, 2014

    Fed. Circ. Clears Dow In Bayer Seed Patent Suit

    The Federal Circuit on Friday let stand a Delaware federal judge's ruling that because Dow AgroSciences LLC had a valid license to make its herbicide-resistant Enlist E3 seed, it did not infringe several patents held by Bayer CropScience AG.

  • October 17, 2014

    NLRB Asks Court To Pluck Poultry Co.'s Labor Probe Suit

    The National Labor Relations Board on Thursday urged a Mississippi federal court to chuck chicken producer Sanderson Farms Inc.’s suit accusing the agency of improperly continuing its investigation into unfair labor practices, arguing the court lacked subject matter jurisdiction over the dispute.

  • October 17, 2014

    SEC Ends 4-Year Probe Of Keurig Accounting, Co. Says

    The U.S. Securities and Exchange Commission has closed its accounting probe of Keurig Green Mountain Inc. without an enforcement action, the maker of specialty coffee products and brewing equipment said Friday.

  • October 17, 2014

    Chiquita Misleading Investors, Spurned Suitors Say

    A pair of Brazilian suitors on Friday slammed Chiquita Brands International Inc.’s rejection of their $660 million merger offer, saying the banana distributor is “blatantly misleading” shareholders about the superiority of its existing plan to merge with Ireland's Fyffes PLC in an all-stock tax-inversion deal.

  • October 16, 2014

    Chuck E. Cheese's Gobbles Up Competitor Peter Piper Pizza

    CEC Entertainment Inc., owner of the mouse-mascoted Chuck E. Cheese's pizza chain, has gotten its paws on a competitor, acquiring regional pizza restaurant chain Peter Piper Pizza, from affiliates of ACON Investments LLC, the companies announced Thursday.

  • October 16, 2014

    US Trade Rep Vows To Uphold Standards Amid TTIP Criticism

    U.S. Trade Representative Michael Froman defended the Transatlantic Trade and Investment Partnership talks Thursday, saying critics' worries the deal could weaken food, financial and environmental protections are unfounded as neither the U.S. nor the EU would accept a "race to the bottom."

  • October 16, 2014

    California Burger Chain Hopes To Beef Up With Public Debut

    Private equity-backed Habit Restaurants Inc. on Thursday kicked off plans for an initial public offering, making the California-based fast-casual burger restaurant the latest food chain to test investors’ appetite as it looks to expand operations.