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  #1  
Old 10-29-2009, 10:01 AM
Harmonious Discord Harmonious Discord is offline
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Man wins $1.26 billion against Pepsi for stolen water idea.

Article 1
Article 2

The original case was about Pepsi stealing the man's idea for water sales. They may or may not have done this. There is no way this will get paid out. It's basically a lesson for the corporation that ignored it's court date.
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  #2  
Old 10-29-2009, 10:50 AM
Dewey Finn Dewey Finn is offline
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So does Kathy Henry, the forgetful secretary, still work for Pepsico?
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  #3  
Old 10-29-2009, 10:59 AM
corkboard corkboard is offline
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Whoopsie-daisies!
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  #4  
Old 10-29-2009, 11:10 AM
pravnik pravnik is offline
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Originally Posted by Dewey Finn View Post
So does Kathy Henry, the forgetful secretary, still work for Pepsico?
Oh, I'm sure they didn't fire her over one little honest mistake. They'll probably just take it out of her check.
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  #5  
Old 10-30-2009, 10:15 AM
Serenata67 Serenata67 is offline
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Oh, I'm sure they didn't fire her over one little honest mistake. They'll probably just take it out of her check.
Indentured servitude makes a surprising comeback in corporate America!
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  #6  
Old 10-30-2009, 10:58 AM
ShibbOleth ShibbOleth is offline
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Quote:
Originally Posted by Harmonious Discord View Post
The original case was about Pepsi stealing the man's idea for water sales. They may or may not have done this. There is no way this will get paid out. It's basically a lesson for the corporation that ignored it's court date.
I'll betcha they get something tasty out of it. Cheaper than fighting this forever.
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  #7  
Old 10-30-2009, 11:51 AM
ivylass ivylass is offline
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It's like winning the lottery. You'd think a corporation as big as Pepsi has lawyers on staff who do nothing else but sit around and wait for the nuisance suits to hit their desks.

That something so silly slid right by them is mind-boggling.
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  #8  
Old 10-30-2009, 12:32 PM
Dewey Finn Dewey Finn is offline
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I think they need to review their procedures for legal notices. I don't know what sort of log they use to track them, but it should be something on a computer, and perhaps they need to permit outside attorneys access to log them as well as in-house staff.
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  #9  
Old 10-30-2009, 12:35 PM
Blalron Blalron is offline
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What kind of "trade secrets" could there be for selling water?

Step One: Put water in bottles.
Step Two: Sell them.
Step Three: Profit!

Where's the 1.2 billion dollar idea that pepsi "stole"?
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  #10  
Old 10-30-2009, 01:17 PM
aruvqan aruvqan is offline
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Quote:
Originally Posted by Harmonious Discord View Post
Article 1
Article 2

The original case was about Pepsi stealing the man's idea for water sales. They may or may not have done this. There is no way this will get paid out. It's basically a lesson for the corporation that ignored it's court date.
Sorry, tough shit to Pepsi ... they are the ones who didn't show up to court, and it is the fault of their staff for not making the court date known to the legal department. The excuse that it was originally delivered to their registered office instead of their headquarters is not pertinent at all.

Look, if I didn't show up for a court date, and the judgment went against me, and I tried to use the excuse that my husband opened the mail, and buried it on the desk so I didn't know about the date would mean absolutely NOTHING to the courts and I would still be stuck with the judgment against me.
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  #11  
Old 10-30-2009, 01:58 PM
Bosstone Bosstone is offline
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Originally Posted by aruvqan View Post
The excuse that it was originally delivered to their registered office instead of their headquarters is not pertinent at all.
Yeah, my immediate thought was "So gaming the system ended up biting you in the ass? You poor dears."
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  #12  
Old 10-30-2009, 02:08 PM
Harmonious Discord Harmonious Discord is offline
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aruvqan what the heck is your problem. I find this settlement hilarious. Do you think I'm a Pepsi attorney?
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  #13  
Old 10-30-2009, 04:29 PM
aruvqan aruvqan is offline
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Originally Posted by Harmonious Discord View Post
aruvqan what the heck is your problem. I find this settlement hilarious. Do you think I'm a Pepsi attorney?
? WTF back at ya ...

No I don't think you are a Pepsi lawyer. Although we do have some corporate lawyers on the dope, and oddly enough I know corporate lawyers for 7 or 8 major corporations [though pepsi is not one of them]

I was pointing out that it was tough shit for them. Sorry I wasn't framing it with lots of jokes. The weather changes are giving me a fair amount of pain today and I am really not up to trying to poke fun at everything.

Sorry for wanting to comment in a thread I found interesting.
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  #14  
Old 10-30-2009, 05:10 PM
ShibbOleth ShibbOleth is offline
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Quote:
Originally Posted by Blalron View Post
What kind of "trade secrets" could there be for selling water?

Step One: Put water in bottles.
Step Two: Sell them.
Step Three: Profit!

Where's the 1.2 billion dollar idea that pepsi "stole"?
How about this scenario?

It's during the 90s. Evian and other bottled waters are making a ton of money. Somebody comes up with the brilliant (apparently - see: 1.26 billion judgment) for a bottling company to make a ton of money with minimal investment. They enter into talks with Pepsi to sell their idea. Simple idea? Sure, but Pepsi didn't come up with it themselves. Put good tasting filtered waters into bottles using your existing water, filtration and bottling systems. Very light capital outlay. Put a fancy name on it like "Aquafina" - fine water, get it? - and use your marketing muscle to get premium shelf space. Oh, and don't mention that you're just selling filtered city water in a fancy looking package.

Pepsi thanks these guys for their time after explaining that's not a fit with their strategy - they sell soft drinks, not water. A couple of years later maybe someone who was in that meeting pitches the idea in a meeting, selling it as their own. Several years after that Pepsi has made millions on this simple idea.
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  #15  
Old 10-30-2009, 05:28 PM
Harmonious Discord Harmonious Discord is offline
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Originally Posted by aruvqan View Post
? WTF back at ya ...

No I don't think you are a Pepsi lawyer. Although we do have some corporate lawyers on the dope, and oddly enough I know corporate lawyers for 7 or 8 major corporations [though pepsi is not one of them]

I was pointing out that it was tough shit for them. Sorry I wasn't framing it with lots of jokes. The weather changes are giving me a fair amount of pain today and I am really not up to trying to poke fun at everything.

Sorry for wanting to comment in a thread I found interesting.
It sounded like you thought I was crying for Pepsi's loss here. I'm sorry I misunderstood.
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  #16  
Old 10-30-2009, 05:47 PM
Harmonious Discord Harmonious Discord is offline
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That didn't sound right. Please accept my apology.

Last edited by Harmonious Discord; 10-30-2009 at 05:48 PM..
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  #17  
Old 10-30-2009, 07:41 PM
Magiver Magiver is offline
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The story is nothing but news fodder. The case will be set aside. Bottled water was around long before aquafina hit the market.
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  #18  
Old 10-30-2009, 07:59 PM
aruvqan aruvqan is offline
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Originally Posted by Harmonious Discord View Post
That didn't sound right. Please accept my apology.
misunderstandings happen, thanks
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  #19  
Old 10-30-2009, 08:02 PM
tr0psn4j tr0psn4j is offline
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That's one "lottery" win you can't stupidly squander.
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