The years-long legal battle between members of the Sheehan family over their eponymous multi-state distributor officially ended today in Massachusetts Superior Court when all parties agreed to dismiss the case with prejudice.
The ownership factions of Ballast Point Brewing Company are entangled in a legal battle with one group alleging that $3 million of unauthorized loans have left the San Diego craft brewery in “imminent threat of operational collapse,”according to a pair of lawsuits filed in San Diego County Superior Court.
A new counterclaim filed by the receiver overseeing Uncle Nearest Premium Whiskey case alleges lender Farm Credit Mid-America ignored years of red flags while a rogue CFO falsified financial reports, misappropriated funds for personal purchases and increased the whiskey brand’s credit line from $35 million to $67 million.
Boston Beer Company and two former sales representatives have reached a settlement in a lawsuit over the company’s use of non-compete agreements, according to a court order filed Monday.
The Federal Trade Commission and Southern Glazer’s Wine and Spirits have reached a tentative settlement agreement in the federal agency’s price discrimination lawsuit against the nation’s largest wine and spirits distributor.
Boston Beer Company claims it didn’t receive a “fair trial” due to “errors” throughout its breach of contract case with Ardagh Metal Group, which last month received a $175.5 million jury award, plus millions in pre-judgment interest.
A U.S. District Court has entered a $175.5 million amended final judgment – plus $15.5 million in pre-judgment interest – against Boston Beer Company for allegedly failing to purchase contracted minimums of aluminum cans from Ardagh Metal Packaging USA between 2021 and 2025, according to a June 1 8K filed by Boston Beer.
A jury entered a $175.5 million verdict in favor of Ardagh Metal Packaging USA against Boston Beer Company for allegedly failing “to purchase contractual minimum volumes of certain aluminum beverage can containers from 2021 to 2025,” according to an 8K filed by Boston Beer Friday with the U.S. Securities and Exchange Commission.
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Mark D. Anderson, the founder and former CEO of shuttered Drake’s Organic Spirits, alleging he orchestrated a years-long investor fraud scheme that raised $2.4 million.
Young Lion Gets New Owner; Ex-Employee Sues Legion Brewing; Samuel Adams Drop a Cherry Bomb; Budweiser Drops Super Bowl LX Ad; People Moves at Holidaily, Bell’s; Athletic’s Bill Shufelt on Bold Names; Womrtown’s Patriot Place Taproom Gets a ‘Glow Up.’
A former Rogue Ales & Spirits employee has filed a lawsuit against the now-shuttered craft brewery’s parent company, Oregon Brewing, for allegedly violating the WARN Act.
Here are some news items that were initially reported in the Brewbound Insider Newsletter January 5-6, including updates from Uncle Nearest, NIQ, Blake’s Beverage and more.
A proposed consumer antitrust class action lawsuit was filed against PepsiCo and Walmart after a now-dismissed Federal Trade Commission (FTC) complaint against them was unsealed. At issue is the allegation that Pepsi gave Walmart exclusive discounts not offered to other retailers.
PepsiCo allegedly created a soft drink “price gap” with Walmart, creating a system that allowed the world’s largest retail to obtain preferential promotional payments, while those same payments were reduced for Walmart’s competitors, according to court documents unsealed last week.