Arbitrator Awards Kraft $2.8B in Dispute with Starbucks

An arbitrator has awarded Kraft Foods $2.23 billion in damages and $527 million in prejudgment interest and attorneys fees for prematurely leaving a partnership between Starbucks and Kraft. The two companies began an agreement in 1998 for Kraft to distribute and market Starbucks brand coffee to grocery stores in the United States.  Later, the deal […]