Motion: Lisa renewed demand and requested sanctions

On March 27, 2025, Lisa, S.A. filed a renewed motion before the Eleventh Civil Court of Panama demanding enforcement of the court’s 2018 order requiring Juan Luis Bosch Gutiérrez and Villamorey, S.A. to return withheld dividends. Lisa reminded the court that Auto No. 2277-2018 had authorized offsetting a $894,718 judgment but that any remaining funds must be returned. Bosch acknowledged in 2008 that the funds were available to the court, but after 16 years, he has neither returned the balance nor rendered any report.

Lisa noted that in a related criminal proceeding, Bosch’s attorney claimed there was no final return order—an argument Lisa denounces as misleading. The motion calls on the judge to issue renewed instructions to Bosch and Villamorey, compel compliance, and, if necessary, declare Bosch in contempt of court under Article 536 of the Judicial Code. Lisa asserts that there are no remaining legal obstacles such as embargoes, as all have been lifted as of January 2025.