Skip to main content

Guatemala

Damages Suits Against Lisa

13 lawsuits

The 2012 suits in which companies of the Avícola Villalobos Group claimed damages from Lisa for the lawsuits and publicity behind its exclusion, and the embargoes over Lisa's shares and dividends that came with them.

Between February and April 2012, after voting to exclude Lisa, companies of the Avícola Villalobos Group sued it for damages, most under Article 228 of the Commercial Code, which makes an excluded shareholder liable for the acts behind its exclusion. They pleaded Lisa's lawsuits at home and abroad, a sworn statement they said Lisa had paid for, and a press campaign; the largest claim, Avícola Villalobos's, sought Q94.4 million for its legal costs since 1999. With the suits came embargoes over Lisa's shares, dividends and profits, several naming the companies' own managers as depositaries. Most of the suits have failed: as premature while the exclusions were under challenge, as time-barred, or, in the largest, because no damage was proven, which the Supreme Court made final in March 2026. Some embargoes have been ordered lifted; others remain in force, and no payment to Lisa has followed.

Caption
Exp. 01041-2012-00224Inversiones Empresariales, S.A.'s damages claim against Lisa, S.A. over an alleged smear campaign2012
Exp. 01042-2012-00139Damages claim by El Llano, S.A. (later Reproductores Avícolas, S.A.) against Lisa, S.A. over the acts behind its exclusion as a shareholder2012
Exp. 01043-2012-00193Los Abetos, S.A.'s damages claim against Lisa, S.A. following its exclusion as a shareholder2012
Exp. 01043-2012-00238Pollo Rey, S.A.'s damages claim against Lisa, S.A. over the acts behind its exclusion as a shareholder2012
Exp. 01044-2012-00229Damages claim by Importadora de Alimentos de Guatemala, S.A. (later Avícola Las Margaritas, S.A.) against Lisa, S.A.2012
Exp. 01044-2012-00279Damages claim by Reproductores Avícolas, S.A. (later Avícola Villalobos, S.A.) against Lisa, S.A. for Q30.3 million after its exclusion as a shareholder2012
Exp. 01045-2012-00179Lisa, S.A.'s request to revoke the precautionary attachments decreed in the lawsuit brought by Agroprocesos Avícolas, S.A.2012
Exp. 01045-2012-00210Damages claim by Compañía Alimenticia de Centroamérica, S.A. (later Avícola Las Margaritas, S.A.) against Lisa, S.A.2012
Exp. 01045-2012-00242Industria Forrajera de Mazatenango, S.A.'s damages claim against Lisa, S.A.2012
Exp. 01046-2012-00201Damages claim by Compañía Importadora La Perla, S.A. (later Administradora de Restaurantes, S.A.) against Lisa, S.A.2012
Exp. 01161-2012-00206Inversiones Torre Nova, S.A.'s claim against Lisa, S.A. and the consolidated damages claim of Sistemas y Equipos, S.A.2012
Exp. 01163-2012-00178Avícola Villalobos, S.A.'s Q94.4 million damages claim against Lisa, S.A. after its exclusion as a shareholder2012
Exp. 01161-2011-01079Compañía Importadora La Perla, S.A.'s damages counterclaim against Lisa, S.A.2011