KUALA LUMPUR: Tealive bubble tea brand owner Loob Holding Sdn Bhd has filed an appeal to the Federal Court to reverse the ruling granted in favour of Chatime’s principal La Kaffa International Co Ltd.
This followed the Court of Appeal’s rejection today of the former’s application to stay an injunction granted to La Kaffa on June 27.
Loob’s application, filed a day after the Court of Appeal’s ruling of the interim injunction, was rejected on the grounds that the company had breached various contractual and legal obligations to La Kaffa related to its restraint of trade obligations and Malaysia’s franchise law.
The ruling thereby prohibits Loob from operating Tealive as a competing business to Chatime for a period of two years in Malaysia.
In a statement today, Loob said it had been informed that its application for a stay of the Court of Appeal’s decision in the appeals case brought by La Kaffa had been dismissed today.
“The company has instructed its lawyers to file for leave to appeal to the Federal Court against the Court of Appeal’s decision given on June 27 2018 and it has been informed that the application had been filed yesterday.
“Its lawyers have been further instructed to make the necessary application to the Federal Court to maintain status quo and the said application was filed earlier this morning,” Loob added.