Gregory Packaging Inc. Wins $21.2M Unfair and Deceptive Trade Practices Case Against Global Foodservice Company Foodbuy
Gregory Packaging, Inc., a 100-year-old family-owned juice manufacturer, was awarded $21.2 million after a federal court found Foodbuy, LLC engaged in unfair and deceptive trade practices.
- Gregory Packaging, Inc., a 100-year-old family-owned juice manufacturer, was awarded $21.2 million after a federal court found Foodbuy, LLC engaged in unfair and deceptive trade practices.
- The dispute began when Gregory Packaging discovered that Foodbuy charged them millions of dollars for volume allowance rebates on juice Foodbuy did not sell.
- When Gregory Packaging attempted to rectify those overcharges, Foodbuy sued to collect the total amount, forcing Gregory Packaging to countersue.
- Not only did Foodbuy lose its appeal, but the company was then ordered to pay more for engaging in unfair and deceptive trade practices.