Buddha-Bar Investor Says It Was Harassed Over Franchise

Law360, New York (May 18, 2017, 4:38 PM EDT) -- A Cyprus company demanded the return of its $1 million investment in a yet-developed Manhattan franchise of Buddha-Bar — an international restaurant and hotel chain — telling a New York federal court Thursday that the other owners attempted to “oppress and harass” it out of its ownership rights.

Mprosiemo Ltd. is seeking a dissolution of BB NY Operations 357th St. LLC, which was formed to establish a Buddha-Bar in Midtown Manhattan, accusing various entities and individuals of rendering its ownership rights as valueless after forming a...
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Case Title

Mprosiemo Limited v. Arkensberg, LLC et al


Case Number

1:17-cv-03745

Court

New York Southern

Nature of Suit

160(Stockholders Suits)

Date Filed

May 18, 2017

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