date:Sep 29, 2012
rito-Lay of breaking a confidentiality pact made back in 2005. Both parties entered into an agreement to work together on the development of the films and signed a confidentiality agreement.
However, when Frito-Lay developed its own biodegradable films and filed for US patents in May 2009 and 2011, Innovia accused it of violating this pact.
The US snacks giant disputed this and said the agreement did not define a formal or informal business arrangement. It added that it had commenced its own r