Order 1827-2020

On December 10, 2020, the Eleventh Civil Court issued Order 1827-2020 in the ordinary proceeding between Lisa, S.A. and Villamorey, S.A., confirming that all prior rulings—including Judgment No. 42-08 of July 11, 2008 and the appellate modification of August 28, 2012—were final and constituted res judicata. The Court recounted that Villamorey, S.A. had obtained a total award of $894,718.00, which triggered the execution phase. The embargo ordered was nullified by Order 2277-2018, which resolved execution through compensation using dividends belonging to Lisa, S.A.

The Order determined that Lisa, S.A.’s request to lift the embargo—filed at pages 3019–3021—was inadmissible, as the embargo had already been neutralized by the compensation ordered in 2018. Villamorey, S.A.’s opposition was likewise deemed inadmissible. The Court reiterated that its only directive had been compensation of Villamorey’s credit with dividends owed to Lisa, S.A. Since the matter had been legally resolved and no new claims over dividends were validly before the Court, it rejected all submissions and ordered the administrative closing steps for the file.