Eat Just settles legal dispute with ABEC

GOOD Meat, a subsidiary of Eat Just, has agreed to pay $4.4 million to bioreactor supplier ABEC to settle a legal dispute over unpaid bills stemming from a contract related to the development of cultivated chicken facilities. The lawsuit initiated by ABEC accused GOOD Meat of breaching the contract by failing to make timely payments, while GOOD Meat countered with claims regarding unratified amendments to their original agreement. Following a court ruling in favor of ABEC on certain claims, both parties opted to resolve their differences and focus on the future of their respective operations.

Source: agfundernews.com