Order 1624: Court approved seizure of Lisa’s shares and dividends
Issued on:October 27, 2008
Issued by:Eleventh Civil Court


Overview
On October 27, 2008, the Eleventh Civil Circuit Court of Panama issued Auto No. 1624-08, granting a precautionary seizure in favor of Villamorey, S.A. against Lisa, S.A. The court approved the measure after Villamorey deposited a guarantee for potential damages. The seizure covers shares held by Lisa, S.A. in multiple Guatemalan companies and in Villamorey, S.A. itself, totaling a value of $281,172.85, including principal, legal costs, and provisional expenses.