Chobani Founder Settles Ex-Wife's Suit Over Yogurt Maker PDF Print E-mail
2015-04-15 01:25:54
Image Chobani LLC founder Hamdi Ulukaya settled a lawsuit by his ex-wife over her bid for control of the yogurt maker. Ayse Giray sued Ulukaya in 2012, saying she was entitled to as much as 53 percent of the biggest Greek-style yogurt company in the U.S. Details of the agreement weren?t disclosed in a filing Tuesday in state court in Manhattan.
Giray?s lawsuit in Manhattan Supreme Court came 13 years after the couple?s 1999 divorce. Giray, a pediatrician, alleged Chobani was created ?from the rib? of Euphrates Inc., a feta-cheese business she and her ex-husband started together, according to court filings. Ulukaya allegedly used its resources and assets to buy the yogurt-maker?s first plant in 2005, she claimed. Ulukaya alleged in court documents that his ex-wife filed her case ?only after Chobani had become a runaway success? and played ?no part? in building the business.

Michael Gonda, a spokesman for Chobani, declined to comment on the settlement. Richard Feldman, Giray?s lawyer, didn?t immediately respond to a voice-mail message seeking comment on it.

The case is Giray v. Ulukaya, 652838/2012, New York State Supreme Court, New York County (Manhattan). (by Christian Dolmetsch, www.bloomberg.com
Last Updated ( 2015-04-15 01:26:08 )
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