A judge has tossed out a decision that could have cost PepsiCo $1.26 billion after the soft drink maker didn't respond to a lawsuit claiming it stole the idea for bottled water. The decision Friday by a Wisconsin court means PepsiCo will get its say in court -- now that it has found out about the case. Last month, a judge sided with the men and gave them a default $1.26 billion judgment, granting them the award without a trial.
November 09, 2009 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A judge has tossed out a decision — for now at least — that could have cost PepsiCo Inc. $1.26 billion after the soft drink maker didn’t respond to a lawsuit claiming it stole the idea for bottled water.
The decision Friday by a Wisconsin court means PepsiCo will get its say in court — now that it has found out about the case.
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