Espiritu Santo Holdings, LP v. L1bero Partners LP

Hogan Lovells achieved a victory on behalf of Espiritu Santo Holdings, LP, in the Southern District of New York (SDNY)

SDNY Chief Judge Colleen McMahon granted ES Holdings an injunction in aid of arbitration, protecting our client’s equity interests and control rights in the Espiritu Santo Technologies, LLC partnership and affiliated entities. The company had accused its investment partner, L1bero Partners LP, of trying to seize control of the business, operated through a Mexican entity called Lusad, which developed technology to manage taxi meters in Mexico City’s vast network of taxis.

The Hogan Lovells team was led by partners Mark Cheskin (Picture), David Dunn (New York) and Richard Lorenzo (Miami).

Critical support was provided by fellow Hogan Lovells partner Alvin Lindsay, counsel Juan Garcia, associate William Homer, and foreign law clerk Juliana De Valdenebro Garrido (all based in our Miami office), and senior associate Benjamin Fleming and associate Alan Mendelsohn (New York), who worked together closely on the SDNY submissions. Their work culminated in a spirited and contentious evidentiary hearing, which took place on Monday.

Involved fees earner: Mark Cheskin – Hogan Lovells; David Dunn – Hogan Lovells; Benjamin Andrew Fleming – Hogan Lovells; Juan Garcia – Hogan Lovells; William Homer – Hogan Lovells; Alvin Lindsay – Hogan Lovells; Richard Lorenzo – Hogan Lovells; Alan Mendelsohn – Hogan Lovells;

Law Firms: Hogan Lovells;

Clients: Espiritu Santo Holdings LP;

Author: Ambrogio Visconti