The decisive round in the legal brawl between the co-founders of AriZona Iced Tea will be fought at a yet-to-be-determined date in state court, when a judge finally puts a price tag on the company. But skirmishing in the case continues apace between estranged partners Domenick Vultaggio and John Ferolito, with Vultaggio’s lawyers at Cadwalader, Wickersham & Taft claiming the latest victory.
In a 13-page order issued on Aug. 1, Manhattan Supreme Court Justice Martin Shulman (See Profile) denied Ferolito’s request for an order granting him corporate decision-making rights in AriZona’s parent company, Beverages Marketing USA Inc.
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