Motion: Lisa moved to embargo Villamorey assets abroad

Issued on:July 15, 2022
Issued by:Lisa, S.A.
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Overview

On July 15, 2022, Lisa, S.A., through its legal representative María Luisa Villarreal Palacios, filed a motion to initiate embargo proceedings against Villamorey, S.A. following the issuance of Auto No. 2567, which ordered payment of $51,643,208.80. The plaintiff argues that this enforcement proceeding finally begins to do justice, affirming Lisa, S.A.'s right to receive unlawfully withheld dividends—now recognized as a liquid, enforceable, and overdue obligation.

Lisa, S.A. requests the court to issue a formal embargo against a wide range of Villamorey's assets, including bank accounts and securities in Panama, Guatemala, the U.S., and Canada; shares in the Avícola Villalobos group in Guatemala; and real estate holdings in Guatemala, El Salvador, Honduras, Curaçao, and the Netherlands. To ensure execution, the motion requests that Letters Rogatory be issued to the relevant foreign jurisdictions so that the embargo can be properly enforced.