Keurig Dr Pepper Inc. said Tuesday it will sell its minority stake in Chobani and a Pennsylvania warehouse to the yogurt maker for $925 million, as the company looks to reduce debt and help fund spinoffs tied to its roughly $18 billion purchase of JDE Peet's. 
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WEDNESDAY, SEPTEMBER 2, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

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Keurig Dr Pepper Selling Chobani Stake, Facility For $925M

By Al Barbarino

Keurig Dr Pepper Inc. said Tuesday it will sell its minority stake in Chobani and a Pennsylvania warehouse to the yogurt maker for $925 million, as the company looks to reduce debt and help fund spinoffs tied to its roughly $18 billion purchase of JDE Peet's. 

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Nestlé Selling Supplements Business To PE Firm For $1B

By Al Barbarino

Nestlé SA said Tuesday that it will sell its mainstream vitamins, minerals and supplements business to Boston-based private equity firm Yellow Wood Partners for $1 billion, as the food and beverage giant sharpens its focus on businesses where it sees a competitive advantage.

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PepsiCo Sued Over 'Made With Avocado Oil' Chip Claims

By Gina Kim

PepsiCo misleads customers into believing its Tostitos and Siete chips exclusively contain avocado oil, alleges a proposed class action filed Monday in New York federal court, referencing a recent UC Davis study that revealed the chips exhibited chemical profiles consistent with dilution of other oils.

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High Court Should Skip Ruby Tuesday Benefits Suit, SG Says

By Alex Wittenberg

The U.S. solicitor general has urged the Supreme Court to decline to consider a suit from former Ruby Tuesday executives alleging Regions Bank inadequately protected their retirement plan benefits that were liquidated in bankruptcy, saying the "idiosyncratic" nature of the dispute makes it a poor candidate for high court review.

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Brief

Instant Brands Judge Stops Delaware Suit Against Trustee

By Alex Wittenberg

A Texas bankruptcy judge on Tuesday told former Instant Brands owner Cornell Capital it must get his permission before suing the Instant Pot maker's litigation trustee, blocking a suit Cornell brought in Delaware Chancery Court in July.

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POLICY & REGULATION

Congress Approves Bill Delaying Hemp Ban One Month

By Sam Reisman

The U.S. House of Representatives gave final approval Tuesday to a stopgap spending bill which includes language to delay implementation of a federal ban on products containing hemp-derived THC by one month.

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LITIGATION

Utz Sued Over Alleged Avocado Oil Chip Labeling Deception

By Celeste Bott

A putative class action filed Monday in Illinois federal court accuses Utz Brands of falsely marketing Boulder Canyon chips as cooked solely in avocado oil when scientific testing allegedly found the products contained other, cheaper vegetable oils.

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Brief

Dunkin' Worker Drops Suit Over AI Tip Inquiry Firing

By MJ Koo

A Connecticut woman who alleged she was fired from a Dunkin' franchise after using artificial intelligence to research whether her employer could legally withhold tips has dropped her lawsuit, state court records show.

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Analysis

Image Search Technology Raises New Copyright Questions

By Ivan Moreno

Technology that can uncover decade-old online images is testing the practical limits of copyright’s discovery rule, as courts weigh reasonable diligence against the reality that sophisticated search tools still miss infringement and defendants may no longer possess records proving authorization.

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McLane Model Keeps Drivers Overtime-Exempt, 9th Circ. Says

By Ben Adlin

A Ninth Circuit panel on Tuesday affirmed a lower court's ruling that truck drivers behind a proposed class action against food distributor McLane Foodservice Inc. are exempt from overtime pay, holding that the employees engaged in interstate commerce despite driving only in California.

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Pot Co. CEO Says US Can't Recoup PPP Loan On Fraud Claim

By Mike Curley

The former CEO of a group of California cannabis companies is urging a Southern District of California court to throw out the U.S. government's intervenor complaint seeking to recoup $2.5 million in PPP loans, saying that she doesn't live in the district and that the alleged fraud was not a factor in her companies getting the loans.

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CEO Says HR Co. Oversold Life Insurance Policy Terms

By Grace Elletson

The CEO of an Italian food company said a human resources provider duped him into signing up for a life insurance policy by making false promises about the plan's terms, according to a suit filed in Connecticut state court.

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DEALS

Monthly Merger Review Snapshot

By Bryan Koenig

Paramount Skydance and Warner Bros. Discovery pressured state attorneys general challenging their merger to settle, the Federal Trade Commission successfully challenged a construction adhesives tie-up, state officials waded in against the NextEra-Dominion transaction, and Union Pacific Corp. and Norfolk Southern Corp. defended their combination under review by federal regulators.

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BANKRUPTCY

7 Brew's $143M Bid Tops Dutch Bros. In Salad Chain Ch. 11

By Ben Zigterman

Coffee chain 7 Brew emerged as the top bidder for 73 of drive-thru chain Salad and Go's leases with a $143 million offer, besting competitor Dutch Bros.' stalking horse bid of $105 million for 65 leases, counsel for the debtor said at a hearing Tuesday in Texas.

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EXPERT ANALYSIS

NY Tax Talk: Evaluating The Sales Tax Vendor Relief Program

New York state’s new penalty abatement and interest discount program, recently enacted alongside mandated sales tax vendor reregistration, may be most useful for vendors that recently lost a protest or have not yet fully paid all the interest and penalties associated with an assessment, says Elizabeth Cha at Eversheds Sutherland.

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LEGAL INDUSTRY

How Does In-House Pay Compare? Take The Law360 Survey

How do in-house salaries vary across industries, roles, and organizational revenue? What compensation tools are companies using to lure top talent? Help Law360 Pulse answer these questions and more in this year's In-House Compensation Survey.

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HSF Kramer Added To $1B King & Spalding Malpractice Suit

By Jack Karp

Herbert Smith Freehills Kramer LLP and several of its partners on Tuesday were added to a $1 billion legal malpractice suit against King & Spalding LLP alleging that the firms engaged in multiple schemes to enrich a lawyer's friend at the expense of investment firm White Oak Advisors.

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Fla. Bar Tosses Complaint Over DHS GC's 'Worst' Judge Posts

By Adrian Cruz

The Florida Bar has refused to investigate the general counsel of the U.S. Department of Homeland Security for potential ethics violations over his recent series of social media posts attacking sitting judges, citing a potential conflict with the authority of the federal government.

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Approach The Bench: Judge Rodriguez On The Uses Of AI

By Cara Bayles and Steven Trader

Today, Judge Xavier Rodriguez is known as an expert in electronic discovery and a proponent of artificial intelligence, but his interest was piqued before he joined the bench of the Western District of Texas in 2003, when he was still a lawyer and the methods for sifting through electronically stored information were still primitive.

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Judges Say Social Media, Political Rhetoric Endanger Them

By Adrian Cruz

Increased access to social media and personal data via the internet, a larger number of high-profile cases, and inflammatory comments made by politicians have led to a rise in violent threats against judges and concerns about their safety, according to a recently published report.

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5th Circ. Judge Hints Court Order With AI Errors Can't Stand

By Spencer Brewer

A Fifth Circuit judge wanted to know why a panel should keep intact a court order blocking an anti-DEI Mississippi law that contained artificial intelligence hallucinations, asking whether the judges could confidently find that made-up citations did not ultimately sway the district court's decision.

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Ex-Warriors GC, DEI Exec Say Bias Complaints Led To Firings

By Lauren Berg

The Golden State Warriors' former associate general counsel and its former vice president of diversity, equity and inclusion allege they were unlawfully fired in retaliation for speaking up about enduring a workplace marked by gender and race-based discrimination.

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NY Firm, Clinics Reject FedEx's 'Staged' Crashes Claims

By Linda Chiem

A New York personal injury firm and various healthcare providers have told a Manhattan federal judge that FedEx has asserted implausible claims alleging they orchestrated an insurance fraud scheme to fabricate medical records and inflate accident claims, saying there is no such racketeering enterprise.

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Brief

Barnes & Thornburg Says Ex-NBA Star Owes $1M Legal Fees

By Jonathan Capriel

Former NBA player Luol Deng is being sued for more than $1 million by a Chicago-based law firm that claims he failed to pay legal fees connected to two real estate matters, according to a suit filed in Illinois state court.

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Roundup

The Top In-House Hires Of August

By Michele Gorman

Legal department hires during the past month included high-profile appointments at Anthropic, Zillow and ConocoPhillips. Here, Law360 Pulse looks at some of the top in-house announcements from August.

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COMPANIES IN TODAY'S NEWS

AOL

American Civil Liberties Union

American Express Co.

American International Group Inc.

American Water Works Company Inc.

Anthropic PBC

Apple Inc.

AvalonBay Communities Inc.

B&G Foods Inc.

BNC National Bank

Bayer AG

Binance Holdings Ltd.

Brennan Center for Justice

CRH PLC

Caesars Entertainment Inc.

Callon Petroleum Co.

Chobani LLC

Chord Energy Corp.

Coinbase Global Inc.

Coinme

ConocoPhillips

Cornell Capital LLC

Costco Wholesale Corp.

Crinetics Pharmaceuticals Inc.

Dominion Energy Inc.

Eli Lilly & Co.

Epic Records

Equity Residential

ExtensisHR

FedEx Corp.

Fox Corp.

Fresh Del Monte Produce Inc.

Getty Images Holdings Inc.

Gold Flora

Golden State Warriors

Google LLC

Haleon PLC

Henkel Corp.

Hewlett Packard Enterprise Co.

Howard Hughes Corp.

ImageRights International Inc.

International Money Express Inc.

Iridium Communications Inc.

Juniper Networks Inc.

KKR & Co. Inc.

Kenvue Inc.

Keurig Dr Pepper Inc.

Kimberly-Clark Corp.

Macquarie Group Ltd.

McLane Co. Inc.

Merck & Co. Inc.

MetLife Inc.

Meta Platforms Inc.

Metro-Goldwyn-Mayer Studios Inc.

Mississippi Center for Justice

Morgan Stanley

Murphy Oil Corp.

NCR Atleos Corp.

National Basketball Association Inc.

Nestle SA

New York University

NextEra Energy Inc.

Norfolk Southern Corp.

ON Semiconductor Corp.

Paypal Holdings Inc.

PepsiCo Inc.

Perdue Farms Inc.

Platinum Equity LLC

Public Citizen Inc.

Qorvo Inc.

Reckitt Benckiser Group PLC

Reddit Inc.

Roku Inc.

Ruby Tuesday Inc.

Salad and Go

ServiceTitan Inc.

Simulations Plus Inc.

Skydance Media LLC

Skyworks Solutions Inc.

Sony Music Entertainment Inc.

Spotify Technology SA

Station Casinos LLC

Synaptics Inc.

Sysco Corp.

Techne Corp.

Tegna Inc.

The Brink's Co.

The Cigna Group

The DIRECTV Group Inc.

The Florida Bar

The Goldman Sachs Group Inc.

The Western Union Co.

Thermo Fisher Scientific Inc.

Uber Technologies Inc.

Unilever PLC

Union Pacific Corp.

University of California Davis

University of Virginia

Utz Brands Inc.

Vantage Group Holdings Ltd.

Verisk Analytics Inc.

Vertex Pharmaceuticals Inc.

Volkswagen AG

Warner Bros. Discovery Inc.

Warner/Chappell Music Inc.

White Oak Commercial Finance LLC

Zillow Group Inc.

argenx SE

LAW FIRMS IN TODAY'S NEWS

Baker & Hostetler

Barnes & Thornburg

Bass Berry

Cicchiello & Cicchiello LLP

Clarkson Law Firm PC

Cozen O'Connor

Elsberg Baker

Enns & Archer

Eversheds Sutherland

Gibson Dunn

Goodwin Procter

Greenberg Traurig

HSF Kramer

Holifield & Janich

Holland & Knight

Ikhilov & Associates

Kasowitz LLP

Kaufman Dolowich

King & Spalding

Kirkland & Ellis

Latham & Watkins

Lavelle Law Firm

Lowenstein Sandler

Lucciola Law Group

Maynard Nexsen

McCarthy Tetrault

McDermott Will & Schulte

Mead Law

Morgan Lewis

Norton Rose

Paul Weiss

Peter Birzon & Associates

Pillsbury Winthrop

Quinn Connor Weaver

Reed Smith

Ruskin Moscou

Siri & Glimstad

Spiro Harrison

Steptoe LLP

Washington & Washington

Willis Law Group

Wingate Russotti

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Supreme Court

Competition and Markets Authority

Delaware Court of Chancery

European Commission

Federal Bureau of Investigation

Federal Energy Regulatory Commission

Federal Trade Commission

Financial Crimes Enforcement Network

Food and Drug Administration

Illinois Attorney General's Office

Korea Fair Trade Commission

Mississippi Attorney General's Office

New York Attorney General's Office

New York Department of Financial Services

New York State Department of Taxation and Finance

New York Supreme Court, New York County

Nuclear Regulatory Commission

Office of the Director of National Intelligence

Small Business Administration

State Administration for Market Regulation

Surface Transportation Board

U.S. Court of Appeals for the Fifth Circuit

U.S. Court of Appeals for the Ninth Circuit

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of the Treasury

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the Central District of California

U.S. District Court for the Eastern District of New York

U.S. District Court for the Northern District of California

U.S. District Court for the Northern District of Illinois

U.S. District Court for the Southern District of California

U.S. District Court for the Southern District of Mississippi

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Texas

U.S. House of Representatives

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court