Brown-Forman Corp., the maker of Jack Daniel's whiskey, said it settled a lawsuit with Britain's Diageo Plc

Food & Drink Weekly, August 25, 2003

Brown-Forman Corp., the maker of Jack Daniel's whiskey, said it settled a lawsuit with Britain's Diageo Plc. over distribution of Jack Daniels in the United Kingdom. Brown-Forman said it would pay Diageo 8.9 million pounds, or about $14.3 million, to end the dispute, which involved Diageo's contract to distribute the spirits brand.

Brown-Forman said Diageo had distributed Jack Daniels in the United Kingdom under a contract that expired on July 31, 2002. Diageo wanted to extend the contract for an additional three years, Brown Forman said. The spirits are now distributed by Brown-Forman under a cost-sharing agreement with Bacardi.