Company Forgets Court Date, Loses $1.26 Billion in Default Judgment

Posted by John Farrier in Odd News on October 28, 2009 at 3:13 pm


A legal secretary at PepsiCo forgot to deal with a lawsuit notice that came across her desk. Consequently, PepsiCo’s lawyers did not show up to court when expected. The presiding judge summarily handed down a $1.26 billion judgment against the corporation. Lynne Marek writes in The National Law Journal:

In court papers, PepsiCo claims it first received a legal document related to the case from the North Carolina agent on Sept. 15 when a copy of a co-defendant’s letter was forwarded to Deputy General Counsel Tom Tamoney in PepsiCo’s law department. Tamoney’s secretary, Kathy Henry, put the letter aside and didn’t tell anyone about it because she was “so busy preparing for a board meeting,” PepsiCo said in its Oct. 13 motion to vacate.

Link | Image: FBI


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11 comments to "Company Forgets Court Date, Loses $1.26 Billion in Default Judgment"

  1. Johnny Cat
    October 28th, 2009 at 3:17 pm

    Oh man, it really sucks to be her right now. Geez.

  2. Gail Pink
    October 28th, 2009 at 3:22 pm

    Is there any question that she was fired?

  3. Lucas
    October 28th, 2009 at 3:24 pm

    I wonder if Pepsi's spokesman Joe Jacuzzi is also responsible for putting the bubbles in the water. Bad joke...

  4. Flux
    October 28th, 2009 at 5:21 pm

    Hmm forgot eh?
    I'd keep an eye on her swiss bank accounts...

  5. The Coca-Cola Kid
    October 28th, 2009 at 6:29 pm

    I declare that the mischievous Canine, whom tries to trick people in differing costumes from the Bush Bean company is the culprit!

    He's the culprit I tell yah!!!

    ... No really, hear me out! I swear, as he also appears in the PetMeds commercials!!!

    Word on the street is that he may also be behind some sort of Illumanati Bank fraud on every Citizen of the U.S.A. and has close ties to Bush One and Two...

    Just saying y'all.

    ;P

  6. c0ldfish
    October 28th, 2009 at 7:00 pm

    pepsi has a long and mind blowing history of ridiculous stupidity and blundering.

    their new logo is trash too.

  7. Edward
    October 28th, 2009 at 9:24 pm

    Rather than being fired, she will likely get a lengthy paid vacation and a rather healthy raise. She is the fallguy for the legal department. Companies are not legally responsible for the mistakes of low level employees. The judgement will be set aside and the trial rescheduled.

  8. GoldyI
    October 28th, 2009 at 10:26 pm

    Unbelievable!! I can't image that she forget the important message! that's huge amount of lost! Always be aware of important message to give the supervisor no matter what!

  9. Tech
    October 28th, 2009 at 10:30 pm

    That is one very expensive oversight.

  10. lol
    October 29th, 2009 at 6:09 am

    Women.

  11. raf
    October 29th, 2009 at 6:27 am

    bwahahaha!!! you are soooo fired


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