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Dear Client: Any plans for Constellation to depart Denver-based, Molson-Coors owned Coors Distributing Company are now on hold, per an order that came down last night from District Court Judge Adam J. Espinosa. The ruling keeps Constellation in place until an arbitrator can decide the underlying dispute, as the parties’ 2008 agreement requires. The order says CDC “has presented sufficient credible evidence demonstrating a reasonable probability of success on the merits in arbitration on its challenge to the enforceability of
Reyes Snags Bacardi in 11 Markets
Dear Client: A release this morning made official what has been all over Reddit and other social media outlets for weeks: Reyes will take on the Bacardi portfolio for the first time, in an agreement that covers 11 markets: Arizona, California, Colorado, District of Columbia, Florida, Hawaii, Louisiana, Maryland, Oklahoma, South Carolina and Texas. It’s effective January 1. “Following a comprehensive review, the new distribution mix is designed to further build on strong partnerships, drive execution and support long-term growth
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