Fresh Del Monte Produce Inc. Subsidiary Wins $32 Million Lawsuit
- by Laura Hillen
CORAL GABLES, FL – Fresh Del Monte Produce Inc. has announced that its subsidiary Del Monte International has been awarded $32 million in a lawsuit against Inversiones y Procesadora Tropical, S.A. (INPROTSA).
In addition to the $32 million awarded, the ruling also states that the following, according to a press release:
- Del Monte has a right to virtually all of the gold pineapple vegetative material on the INPROTSA’s plantation.
- Injunctive relief prohibiting INPROTSA’s sale of nearly all its gold pineapples to any buyers other than Del Monte.
- INPROTSA ordered to perform its specifically perform its obligations under its pineapple sales agreement with Del Monte.
The company has been awarded the above rulings and $32 million sum in damages, interest, and other monetary relief by the INPROTSA of the International Chamber of Commerce (ICC).
Stay with AndNowUKnow as we continue to report on this lawsuit and others in the fresh produce industry, as they are released.