MO Popcorn Verdict-Bankruptcy

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

JOPLIN, Mo. (AP) _ A southwest Missouri couple who won a $20 million verdict from the makers of a butter flavoring used at a popcorn plant have filed for bankruptcy.

The Joplin Globe ( reports Eric and Cassandra Peoples of Carthage also are being forced to sell the home they built for $3.9 million.

The couple filed Chapter 7 bankruptcy last month in federal court in Springfield. Their petition lists the current value of their residence at $700,000 and personal property assets of nearly $33,000. They claim liabilities of more than $611,000.

The couple won a $20 million verdict in 2004 against International Flavors and Fragrances Inc., and Bush Boake Allen Inc. They claimed Eric Peoples suffered an irreversible lung disease because of the flavoring used at a popcorn plant where he worked.
Information from: The Joplin Globe,

AP-WF-10-14-12 2005GMT<