Food & Beverage

  • November 2, 2006

    Waco Takes Dig At Gardening Giant’s Liquidation Plan

    As EG Liquidating Co. Ltd. takes steps toward winding down, the city of Waco has raised objections to the gardening company’s first amended joint plan of liquidation.

  • November 2, 2006

    Vegetable Producer To Pay Out $3.5M To Workers

    Thousands of field workers will share a more than $3.5 million settlement to compensate them for time they spent being bused to work by their California produce grower employer.

  • October 10, 2006

    High Court Passes On Tobacco Fund Antitrust Appeal

    The U.S. Supreme Court has declined to take up the appeal of 30 state governments that have been wrangling with three small cigarette companies over the antitrust implications of accounts established to cover damages from future tobacco-related lawsuits.

  • October 2, 2006

    Dairy Cooperative Caves In To DOJ In Antitrust Case

    Dairy Farmers of America, the world’s largest dairy farm cooperative, has agreed to sell off its stake in a smaller rival to resolve an antitrust lawsuit filed by the U.S. Justice Department, the DOJ said Monday.

  • September 28, 2006

    Monsanto Sprayed With Herbicide Antitrust Suit

    With its patented Roundup Ready seeds at the center of the debate, Monsanto Co. has been hit with an antitrust lawsuit that accuses the agricultural giant of abusing its monopoly on herbicides.

  • September 27, 2006

    Tyson Foods Settles Discrimination Claims

    Tyson Foods Inc. has agreed to settle a lawsuit brought by federal regulators that charged the company with discriminating against women and minorities, although the company continues to deny its practices were discriminatory.

  • September 25, 2006

    Senators Decry Pork Producer Buyout

    A bid by pork producer Smithfield Foods Inc. to buy out its top rival has stirred the ire of Midwest senators and a coalition of farmers who say the proposed $810 million deal would adversely impact independent farmers and consumers.

  • September 18, 2006

    Greek Competition Head Jailed On Bribery Charges

    In one of the biggest corruption cases to come to light in Greece in recent years, a top official of Greece’s competition watchdog has been sent to jail on charges that he demanded a €2.5 million bribe from Mevgal, a major Greek dairy company.

  • September 15, 2006

    Greek Competition Head Charged In Bribe Scheme

    Only days after Greece’s Prime Minister Costas Karamanlis vowed "zero tolerance" of corruption, a Greek prosecutor on Tuesday slapped a top official of the country’s competition watchdog with blackmail and extortion charges.

  • August 23, 2006

    Deal Reached In Orange Juice Antitrust Probe

    Five of Brazil’s top orange juice exporters have agreed to pay $46.7 million to end a government investigation into whether the companies acted as a cartel.

  • August 24, 2006

    Dow Ex-Worker Nabbed For Alleged Trade Secret Theft

    After months of escaping the law, a former employee of agrochemical giant Dow Chemical Co. has been arrested in Seattle on charges that he stole company trade secrets in order to market them to Chinese businesses.

  • August 18, 2006

    Chicago Mercantile Probed Over Cheese Price-Fixing

    U.S. regulators have taken a closer look at the daily cheddar cheese auction at the Chicago Mercantile Exchange for alleged price-fixing in the cheese market.

  • August 16, 2006

    Federal Circuit Sides With Monsanto In Licensing Spat

    The U.S. Court of Appeals for the Federal Circuit has partially affirmed a decision involving Monsanto Co., dismissing claims of patent misuse and antitrust violations hurled at the agrochemical giant over its Roundup Ready licensing arrangements.

  • August 11, 2006

    Judge Suspends Settlement With Orange Juice Cos.

    After receiving a request from the Brazilian Citrus Growers Association, a judge has temporarily suspended a deal between the antitrust arm of Brazil’s Justice Ministry and five large orange juice exporters.

  • August 8, 2006

    Brazil Seeks WTO Probe Into U.S. Cotton Subsidies

    Brazil said Tuesday that it plans to ask the World Trade Organization to probe whether the U.S. is eliminating subsidies to cotton growers, just days after the U.S. government repealed a cotton subsidy program criticized for giving American exporters an unfair advantage over developing countries.

  • July 27, 2006

    Brazilian Citrus Cos. Bristle At Proposed $45M Fine

    In a bid to settle a long-running investigation into five of Brazil’s largest orange juice exporters, the country’s antitrust watchdog is pushing a $45.87 million fine on the companies. Antitrust charges could be revived if the exporters refuse to accept the deal.

  • June 26, 2006

    Supreme Court To Weigh Antitrust Timber Case

    By deciding to weigh in on a timber buying dispute, the U.S. Supreme Court Monday signaled it’s willing to determine whether it is an antitrust violation for companies to buy materials at inflated prices with the intent of eliminating competition.

  • June 12, 2006

    Bank of America Punches Back At Parmalat

    As Parmalat Finanziaria SpA tries to cast doubt upon Bank of America Corp.’s countersuit, the nation’s number two bank is fighting back and lobbying the court to allow its $1 billion damages claim against the embattled Italian dairy giant to proceed.

  • June 5, 2006

    Parmalat Criminal Case Moves Forward

    A court in Parma, Italy kicked off the main criminal proceedings Monday in Parmalat’s $18 billion collapse, with 64 former executives, financial advisers and bankers on the hook for fraud allegations that contributed to one of Europe’s largest corporate debacles.

  • June 2, 2006

    Green Thumb Wins Easy Gardener Assets

    The sale of a bankrupt lawn and garden company's assets should bear fruit for lenders, who are expecting a payout from the more than $60 million earned from the sale.