A Modest Seizure Order Turns Into a Massive Financial Dispute
A $200,000 damages award to Villamorey, S.A. led to the prolonged embargo of Lisa, S.A.’s dividends. Although the judgment was fully satisfied, tens of millions remain withheld, fueling a years-long legal battle for restitution and accountability.
Enforcement of $51.6M Payment Order Against Villamorey
Lisa, S.A. seeks to enforce a $51.6 million payment order for decades-overdue dividends wrongfully withheld by Villamorey, S.A., in a case marked by judicial inaction and persistent resistance to binding court orders.
BDT Investments Inc. Acquires Lisa S.A.’s Rights and Shares
A judicial enforcement case involving BDT Investments Inc. and LISA, S.A. over $19.2 million in embargoed assets, later resolved through a court-approved settlement and cross-border efforts to lift restrictions and recover funds held by Villamorey, S.A. at GTC Bank.
BDT sues Villamorey for refusal to issue and register shares
BDT Investments Inc. sues Villamorey, S.A. for refusing to issue and register shares, obstructing recognition of its 33.33% ownership rights and preventing its full participation as a shareholder.
Lisa Sues Villamorey and Bosch for Damages and Losses
A shareholder damages suit by Lisa, S.A. targets Villamorey, S.A. and Juan Luis Bosch for over 15 years of unpaid dividends and obstructed access to corporate records.
Bosch Withholds Over $45 Million While Evading Court Oversight
Juan Luis Bosch Gutiérrez, as court-appointed depositary, retained $44.9 million in dividends owed to Lisa, S.A. After years without an accounting, Lisa and BDT Investments Inc. filed suit to compel disclosure.
From Routine Oversight to a $44 Million Legal Battle
Lisa, S.A. demands an accounting from Villamorey, S.A. for over $44 million in withheld dividends. The case involves contempt, obstruction, and cross-border embargoes. Despite court orders, Villamorey refuses to comply, prompting further legal action.