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Couple Who Won $20 Million Popcorn Settlement Files for Bankruptcy by Kevin Judd
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Couple Who Won $20 Million Popcorn Settlement Files for Bankruptcy by KEVIN JUDD
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| Article Posted: 10/26/2012 |
| Article Views: 60 |
| Articles Written: 34 - MORE ARTICLES FROM THIS AUTHOR |
| Word Count: 151 |
| Article Votes: 0 |
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Couple Who Won $20 Million Popcorn Settlement Files for Bankruptcy |
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Business,Consumer,Law
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A Missouri couple that won a $20 million verdict against the manufacturers of a butter flavoring used in a popcorn plant have filed for bankruptcy. Eric and Cassandra Peoples, of Carthage, have filed for Chapter 7 bankruptcy and are being forced to sell their home. The Associated Press reports, “The couple listed the current value of their residence and 10.5 acres of land at $700,000 and personal property assets of nearly $33,000. They list liabilities of more than $611,000.” The couple won a $20 million judgment in 2004 when Eric developed an irreversible lung disease because of exposure to diacetyl, a chemical that was present in the butter flavoring at the popcorn factory run by International Flavors and Fragrances Inc. and Bush Boake Allen Inc., where Eric worked. Kevin D. Judd Law Firm of Kevin D. Judd
Related Articles -
bankruptcy, chapter 13, Chapter 7, eric peoples, maryland bankruptcy attorney, washington dc bankruptcy attorney,
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