Court Order

Lifts attachment on Lisa’s shares in Avícola Las Margaritas

Issued on
August 20, 2024
Issued by
Eleventh Civil Court
Lifts attachment on Lisa’s shares in Avícola Las Margaritas

Overview

On August 20, 2024, the judge of a Guatemalan court notified the management of Avícola Las Margaritas, S.A. that Executive Enforcement Proceeding No. 01168-2022-03210, brought by Avícola Las Margaritas, S.A. against Lisa, S.A., has reached the stage where the court has approved payment by consignación. The notice recalls that the case concerns enforcement measures taken against Lisa, S.A. and is handled by the Third Clerk and Bailiff in the court’s executive proceedings section.

On the basis of a prior resolution dated February 27, 2024, the court orders the lifting of the precautionary attachment over any shares, dividends, participations, or liquidation proceeds that Lisa, S.A. may receive or hold in Avícola Las Margaritas, S.A. as a consequence of this enforcement action. The judge instructs that any amounts retained from Lisa, S.A. under this embargo must be returned to it, unless there is a different attachment ordered by another judicial body. This decision effectively clears the way for Lisa, S.A. to recover dividends and other economic benefits that had been withheld under the precautionary measure, reinforcing its position as shareholder against prior overreach in the enforcement process.