Action: Request for Judicially Convened Shareholders' Meeting

BDT Investment, Inc., a Barbados-based shareholder of Villamorey, S.A., initiated this legal action to request a judicial order for the convocation of an Extraordinary Shareholders’ Meeting. Holding 33.33% of the company's shares via a certified transfer from LISA, S.A., which was endorsed and recognized in Auto No. 898 (April 12, 2022), BDT claims that Villamorey’s board and agents have consistently refused to notify or include them in any company assemblies.

The filing outlines violations of Panamanian corporate law, including denial of access to corporate records, refusal to issue meeting notices, and lack of accountability for dividend distributions. The petition cites multiple legal articles affirming the rights of shareholders to receive timely information and participate in governance. BDT seeks a court-mandated assembly to assert its rights and ensure transparency in corporate decisions. The claim is provisionally valued at USD $60 million.