Yahoo News:  A court entered a default judgment against PepsiCo for $1.26 billion after the company failed to file an answer to a lawsuit alleging that PepsiCo stole an idea for bottled water.  Lawyers for PepsiCo convinced the judge to set the judgment aside and allow the company to defend the lawsuit on its merits.

Related posts:

  1. Judge Tosses Sheriff’s Suit Against Craigslist Over Prostitution Ads
  2. PepsiCo Seeks to Set Aside $1.2 Billion Default Judgment
  3. Sodium Lawsuit Against Denny’s Dismissed
  4. Federal Judge Releases Written Opinion on Red Flags Rule
  5. Rags Brought Riches to Guess Co-founder Georges Marciano, but Now He Faces Ruin
  6. Woman Who Put a Rat in Her Lunch at Restaurant & Demanded Money Guilty of Felony Extortion
  7. Appeals Court OKs Hot Burger Lawsuit
  8. Frivolous Class Action Suits May Be Coming To An End
  9. Federal Challenge to Immigration Laws Expanded By Obama Administration
  10. E-Book Suit Goes Ahead Against Apple And Publishers