Villamorey Dividend Recovery
5 lawsuitsEnforcing the return of $51.6M in Lisa dividends held (and withheld) by court-appointed depositaries since 2008.
Since October 2008, Villamorey, S.A. and its Legal Representative Juan Luis Bosch Gutiérrez have held Lisa, S.A.'s dividends as court-appointed depositaries. In December 2018, a Panamanian court satisfied Villamorey's $894,718 counterclaim by set-off against those held dividends, which far exceeded it, lifting the sequestration. Since then, Villamorey and Bosch have refused to render accounting and have defied orders to pay $51.6M in retained dividends and to transfer Lisa's 33.33% Villamorey stake to BDT. Several enforcement and accounting proceedings remain active before Panama's civil courts.
| Caption | ||
|---|---|---|
| Exp. 8853-24 | Lisa's damages suit against Villamorey and Juan Luis Bosch over prolonged withholding of dividends | 2024 |
| Exp. 117030-21 | Lisa's $51.6M enforcement action against Villamorey over withheld dividends | 2021 |
| Exp. 14606-21 | Lisa's accounting action against Villamorey over withheld dividends | 2021 |
| Exp. 83573-21 | Lisa and BDT Investments' accounting action against Juan Luis Bosch as court custodian | 2021 |
| Exp. 556-99 | Court rejects Lisa's dividend-diversion claims against Villamorey and grants Villamorey's counterclaim | 1999 |