Arbitration/In the News . . . . Starbucks To Pay Kraft Foods Spin-Off $2.76 Billion Based On Adverse Arbitration Award
Cases: Arbitration, In The News$527 Million of the Award Was Prejudgment Interest/Attorney’s Fees. In March 2011, Starbucks prematurely ended a contract with Kraft Foods which was allowing the food company to sell bagged Starbucks coffee in grocery stores. Earlier, Kraft rejected Starbucks’ $750 million offer to end the arrangement. The matter went to arbitration, with Starbucks countering […]
