I.F.F. to pay $40 million in Mane lawsuit
Dec. 29, 2011
TRENTON, N.J. — International Flavors & Fragrances, Inc. has settled lawsuits brought by V. Mane Fils related to I.F.F.’s marketing and sale of products with Monomenthyl Succinate.
As Mane previously had patents on such products, I.F.F. will pay Mane $40 million, cease marketing and selling its Cooler 1 products and ensure the MMS content of its Cooler 2 products is at a level agreed to by both parties.
In 1998 Mane obtained patents for the use of MMS as a cooling additive in food and beverage products.