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Ever been late with an utilities bill?

sanjuro

Tube Smuggler
Sep 13, 2004
17,373
0
SF
And had your power/phone/heat turned off?

http://finance.yahoo.com/news/Price-to-PepsiCo-for-Not-law-3214509113.html?x=0&.v=1

What's the cost of not showing up to court? For PepsiCo Inc., it's a $1.26 billion default judgment. A Wisconsin state court socked the company with the monster award in a case alleging that PepsiCo stole the idea to bottle and sell purified water from two Wisconsin men.

Now the company is scrambling to salvage the situation. The damages award was handed down on Sept. 30. PepsiCo filed motions to vacate the order and dismiss the claims on Oct. 13, saying it wasn't even aware of the lawsuit until Oct. 6.
 

stgil888

Monkey
Jun 16, 2004
484
0
Malibu, CA
I'm not sure I understand the connection, but I do appreciate the interesting reading. Isn't there a statute of limitations on something like this? 28 years seems like a long time.
 

dante

Unabomber
Feb 13, 2004
8,807
9
looking for classic NE singletrack
I don't understand the connection either, but I thought this was pretty funny:

While plaintiffs say they served the lawsuit in June on PepsiCo's registered agent in North Carolina, where the company is incorporated, PepsiCo says its law department at the company's Purchase, N.Y.-based headquarters was not notified until September.
Maybe that'll teach you to incorporate where your headquarters is, instead of just some random state that has pro-business laws...