Order: Admits BDT as co-party in case by Administradora

Issued on:March 21, 2024
Issued by:Fifthteenth Civil Court
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Overview

On March 21, 2024, the Fifteenth Civil Court of First Instance in Guatemala formally admitted BDT Investments Inc. as a third-party co-litigant in support of Lisa, S.A., in a summary proceeding brought by Administradora de Restaurantes, S.A. The court recognized Rossana Mishelle Ramírez Paredes as BDT’s Special Judicial Agent with Representation, and admitted the entity based on the documentation submitted, including powers of attorney and transactional agreements.

The court cited Articles 549 and 553 of the Civil Procedure Code to support the admission, noting BDT’s legal standing and authority to participate. This procedural order became the subject of multiple motions for revocation and expansion, all of which were later denied by the court. The order affirms BDT's legal position in the ongoing litigation concerning shareholder and dividend disputes.