The court dispute involving a popular Montana-based beer and the distributing arm of Denver’s Tivoli Brewing Company has been settled.
In the lawsuit, Tivoli said the parties’ contract allowed Tivoli to sell the rights to distribute Montucky, and that Elite Brands of Colorado and High Country Beverage had agreed to pay more than $400,000 for those rights.
The lawsuit alleged that Montucky breached the contract by picking its own new distributor, Breakthru Beverage.
On Aug. 6, the lawsuit was dismissed in Boulder County District Court.
“The parties have reached a confidential settlement of the underlying dispute, which settlement has been memorialized in a written settlement agreement,” court documents read.
Tivoli CEO Ken Hirir declined to comment. Montucky co-owner Chad Zeitner could not be reached for comment.
A representative at Breakthru’s Denver office said Monday that the company distributes Montucky Cold Snacks in Colorado.