The judge ruled that Jay Link, founder and former chief
executive officer of Link Snacks Global, and the Global company are responsible
for less than three percent of the total amount that his father and brother and
their company, Jack Links Snacks, said they were owed.
Jack Link, Jay’s father, and his brother Troy contend that
Jay and the Global company owe $51 million to Jack Link Snacks.
The judge set the figure at $1.5 million, saying, “[Jack
Link] Snacks was deliberately transferring bad, uncollectable debts to Global.
… Having Global responsible to Snacks for the debt … worked to the advantage of
Snacks and the disadvantage of Global.”
