Sunday, February 7, 2021

Tyson Foods Sues Marfrig For Korea Business Deal and Art Work Stolen on Saturday

By Matthew Russell Lee, Patreon

BBC - Guardian UK - Honduras - ESPN

SDNY COURTHOUSE, Jan 26 – Tyson Foods sued Marfrig Global Foods for fraud, after it paid over $2 billion for Marfrig's businesses around the world. 

 Tyson says the maneuvers were directed by Marcos Antonio do Santos, Marfrig's chairman, and included the theft of $500,000 of artwork and collectibles on a Saturday to avoid detection.  

   On January 26, U.S. District Court for the Southern District of New York Chief Magistrate Judge Gabriel W. Gorenstein held a proceeding. Inner City Press covered it.  

Talk turned to the Korea business that Tyson bought, and to discovery disputes. Judge Gorenstein granted a motion for a stay.

The case is Tyson Foods, Inc. v. Keystone Foods Holdings Limited et al., 19-cv-10125 (Carter / Gorenstein)

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