SPECIAL REPORT — TIM-BR MART Group, through its parent company, TBM Holdco Ltd., is facing legal action from Ace Hardware’s International division. TBM has been charged by its soon-to-be former partner of acting in bad faith as their long-standing licensing agreement winds down at the end of this month. A release by Ace dated August 4 refers to that legal action, saying that TBM has been attempting to switch Ace dealers to an alternative source of hardware supply before the August 31 deadline.
