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netika 2 hours ago

When I see a company this big screwing over their partner after 20 years of partnership for some lousy tens of millions of dollars (which is probably peanuts compared to worldwide profits), I immediately think that everything is not as simple as it seems.

In this post, Underwood is obviously a virtuous, hard working victim and the sriracha guys are the villains. I don’t believe that there are good and bad companies and I firmly believe that there is some underlying reason for this situation.

dsr_ an hour ago | parent | next [-]

By way of contrast, I've seen so many corporations led by deranged idiots who used to make good decisions within their realm of competence that I have no trouble believing that Huy Fong decided that they could completely dominate Underwood, and were very wrong.

The more power a person believes they have, the stupider they act.

Quoth wikipedia: "The jury unanimously ruled in favor of Underwood on the grounds of breach of contract and fraud."

pbmonster 2 hours ago | parent | prev | next [-]

The court awarded $10M in punitive damages in addition to the $13M in compensatory damages. So the options are basically "Huy Fong's lawyers are criminally incompetent" or "Huy Fong absolutely screwed over their supplier".

an hour ago | parent | prev [-]
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