Pepsi's success under Guth came while the Loft Candy business was faltering. Since he had initially used Loft's finances and facilities to establish the new Pepsi success, the near-bankrupt Loft Company sued Guth for possession of the Pepsi-Cola company. A long legal battle, "Guth v. Loft", then ensued, with the case reaching the Delaware Supreme Court and ultimately ending in a loss for Guth.