Unformatted text preview: contract of their agreement and stating that if Starbucks distributed their coffee by themselves, Kraft would suffer irreversible damage and would be at a competitive disadvantage. The federal court denied the injunction because Starbucks had given plenty of notice about their intent to opt out of the agreement and instead of preparing for the separation, Kraft had spent their resources on delaying it through courts. Judge Seibel said that “Kraft was going to lose Starbucks either way and should have been preparing for the loss of that business.” Furthermore, the judge ruled that the “irreparable harm” Kraft predicts they will suffer due to the separation is too speculative. Though this is a victory for Starbucks, Starbucks is expected to owe Kraft a large fee to end the contract....
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- Spring '11
- Kraft Foods, Kraft, Nabisco, Cadbury plc, James L. Kraft