Plea for Hearing
Opposes dividend prescription claim
- Issued on
- October 28, 2025
- Issued by
- Lisa, S.A.

Overview
On October 28, 2025, LISA, S.A.’s legal counsel filed a brief before the Fourteenth Civil Court of First Instance of Guatemala in the ordinary proceeding for “extinctive prescription of dividend payment” initiated by Avícola Las Margaritas, S.A. (successor to Compañía Alimenticia de Centroamérica, S.A.). The plaintiff seeks to declare prescribed the obligation to pay dividends approved at the shareholders’ meeting of November 17, 2016.
LISA, S.A. argues the claim lacks legal and factual basis, as that same meeting stated payment would occur “as and when the Administration deems convenient,” making the obligation non-exigible and the five-year prescription period under Article 1508 of the Civil Code inapplicable. The defense asserts it is a deferred or conditionally suspended obligation.
LISA, S.A. further notes that even if the obligation were deemed due, the dividends were subject to court-ordered attachments, and the company itself admitted in a letter dated November 8, 2018, that it could not pay them due to these measures. Since a debtor cannot pay under attachment, invoking prescription would be abusive. LISA, S.A. therefore requests the claim be dismissed, its defenses upheld, the obligation to pay dividends maintained, and the plaintiff ordered to pay legal costs for bad faith.