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Former Mexico Tim Hortons Operator CEO Ducks Arbitration
Law360 (January 29, 2021, 9:00 PM EST) The CEO of a corporation that formerly owned and operated Tim Hortons franchises in Mexico dodged a pending arbitration Friday over a soured share purchase deal, successfully arguing in New York State court that he never agreed to arbitration.
MBG Espresso Holdings had initiated arbitration against Mexico Tim Hortons operator THMF México SAPI de CV in November, since the operator allegedly did not buy back MBG s shares after their partnership ended, per their agreement.
THMF then filed a counterclaim against Mauricio Javier Barrera Garza, the MBG majority owner and CEO, but since he was not listed in the share agreement, Barrera filed a.
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Tim Hortons Operator s Former CEO Sues To Duck Arbitration
Law360 (January 12, 2021, 10:41 PM EST) The former CEO of a corporation that owns and operates Tim Hortons franchises in Mexico has filed suit in New York state court seeking to block the company from forcing him to join pending arbitration over a soured share purchase deal.
Mauricio Javier Barrera Garza filed a petition in New York County Supreme Court on Monday seeking to immediately stay, as it pertains to him, pending arbitration brought by MBG Espresso Holdings in the fall against THMF México SAPI de CV the Tim Hortons operator redacted court records show.