Juan Luis Bosch Gutiérrez notified the Eleventh Circuit Civil Court that Lisa, S.A.'s retained dividends were at the court's disposal, formally assuming judicial depositary obligations following implementation of Order No. 1624-08.

Content of the Communication

The notice establishes two facts with lasting legal consequences. First, Bosch Gutiérrez confirms that Villamorey, S.A. implemented the precautionary measure decreed in Order 1624-08, communicated through Official Communication No. 1542-08/Sec. 7081-08 of October 27, 2008. Second, he expressly declares that the retentions corresponding to the dividends declared in favor of Lisa, S.A. are available to the court at any time it may require them.

"Las retenciones que corresponden a la medida cautelar decretada en cuanto a las sumas de dinero en concepto de dividendos declarados que tenga derecho Lisa, S.A. están a disposición de este Tribunal, en cualquier momento que lo requiera." (Page 1)

Procedural Significance

This communication constituted Bosch Gutiérrez as judicial depositary of Lisa, S.A.'s dividends under Article 536(4) of the Judicial Code. By acknowledging in writing both the existence of the retained funds and their availability to the court, Bosch Gutiérrez assumed legal obligations of custody, accounting, and restitution.

The notice proved decisive at two subsequent junctures in the proceeding. In December 2018, the Order 2277-2018 cited this note as evidence of the existence and availability of the retained dividends when ordering the $894,718.00 judgment extinguished by set-off, rather than proceeding to auction Lisa, S.A.'s shares. In February 2025, Lisa, S.A. grounded its Motion seeking return of the retained funds and its Motion seeking a declaration of civil contempt precisely in the obligations Bosch Gutiérrez assumed through this document, noting that since November 2008 the depositary had never appeared before the court to render accounts or report on the status of the funds.

Signatories

• Juan Luis Bosch Gutiérrez, Legal Representative of Villamorey, S.A.