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Tea Live

Tealive bubble tea brand owner Loob Holding said their stores will remain open as usual, as the Federal Court granted them a stay of the Court of Appeal order from June that had granted an injunction against them. Loob Holding's CEO thanked customers for their support and said lawyers will continue handling the ongoing court matter until it is resolved, regarding a dispute over a terminated franchise agreement with the Taiwanese company La Kaffa International Co. Ltd.

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470 views1 page

Tea Live

Tealive bubble tea brand owner Loob Holding said their stores will remain open as usual, as the Federal Court granted them a stay of the Court of Appeal order from June that had granted an injunction against them. Loob Holding's CEO thanked customers for their support and said lawyers will continue handling the ongoing court matter until it is resolved, regarding a dispute over a terminated franchise agreement with the Taiwanese company La Kaffa International Co. Ltd.

Uploaded by

ong0625
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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KUALA LUMPUR: Tealive bubble tea brand owner, Loob Holding Sdn Bhd said all Tealive

stores will remain in business as usual.

In a brief statement, the company said that its lawyers informed that the Federal Court had
earlier today granted its application for a stay of the Court of Appeal order dated June 27.

“On behalf of the Tealive team, we would like to thank everyone for their continued trust and
support. Our lawyers will continue to handle the ongoing court matter until the final
resolution,” said Chief Executive Officer Bryan Loo.

On June 27, 2018, the Court of Appeal granted an injunction to Taiwanese company, La
Kaffa International Co. Ltd, against Loob Holding from running a similar business as the
teahouse chain known for its bubble teas.

The dispute between Loob Holding and La Kaffa began in early December 2016 when the
Taiwanese company terminated the master franchise agreement between the two parties
even though there were more than 20 years left on the deal. - Bernama
Read more at https://www.thestar.com.my/business/business-news/2018/07/16/business-as-
usual-for-tealive-stores/#rrtwvdDEWq0sDBoq.99

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