oarla
2 days ago
Handshake agreements will most likely fall apart in time due to changing needs and personalities. This is why contracts are absolutely needed, especially for the size of business Sriracha was involved in.
Except for the court ruling of 13 million in favor of Underwood Ranch, the article isn’t very clear in the amount by which the 2 companies disagreed so difficult to say if it was purely a clash of the 2 owner’s personalities or some other fundamental change in market that brought this sudden schism.
steezeburger
2 days ago
It seemed pretty clear to me that Tran started looking for cheaper peppers elsewhere first.
indigodaddy
2 days ago
It wasn't that clear to me. Do you mean by the fact that he started the Chilico company and tried to hire Underwood's manager? That did seem a little shady, but it just seemed like there aren't enough details out in the open to know for sure. Although I suppose the 13M judgement against Huy Fong supports the case.
bigstrat2003
2 days ago
That was certainly my impression from the article as well.