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Mexican Taxi Co. Owner Can't Oust Partner, Judge Says

Law360 (May 15, 2019, 9:31 PM EDT) -- A New York federal judge on Tuesday barred an owner in a lucrative Mexican taxi meter company from attempting to oust its partner in the venture, though she declined to halt litigation in Mexico relating to the validity of an underlying arbitration agreement.

Chief Judge Colleen McMahon concluded that while Texas-based Espiritu Santo Holdings LP had "easily shown" that it could prove its fellow owner in the taxi meter business, L1bero Partners, had breached their contract and various applicable laws by unilaterally incorporating new affiliates and deciding to bid for a new taxi concession in the Mexican city of Monterrey, that...

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New York Southern

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Other Statutes: Arbitration

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Date Filed

May 2, 2019

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