date:May 24, 2012
BeverageDaily.com broke news of Cokes suit against Pure Tech in mid-April , with the company pursuing a complaint on contract for two loans totaling around $4m (₤3.16m).
We understand that this claim relates to monies loaned by Coke to Chicago-based holding company Re:Think Recycling Group, which allowed them to buy Pure Tech (which operates a plant in Long Island, New York State) in November 2008.
Creditor talks continue
Re:Think spokeswoman Julie Schaefer told BeverageDaily.com today: A