The Twelfth Civil Court notifies Villamorey, S.A. that the attachment on funds held at GTC Bank up to $19,184,680.00 has been lifted following appellate confirmation of the BDT Investments Inc. and Lisa, S.A. settlement.

Procedural Context

The original attachment was decreed under Order 1838-2012 of December 12, 2012, and remained in effect for over a decade. The parties' settlement was approved at first instance through Order 898-2022 of April 12, 2022, and the Fourth Superior Tribunal confirmed that approval on September 30, 2024, through Edict 249-24, rendering it final. This notice executes that decision by directly notifying Villamorey, S.A. as the entity that controlled the attached funds.

The notice expressly references Official Notice No. 54 of January 14, 2013, through which the original attachment had been communicated to Villamorey, and instructs the company to make the corresponding legal annotations to reflect the lifting. It was issued on the same day as Official Notice 29 directed to the Eleventh Court and Official Notice 30 directed to the banking institutions, as part of a coordinated series of notifications to effectuate the attachment's lifting on all fronts.

Signatories

• Lcda. Laura E. Aguilar E., Special Substitute Judge, Twelfth Circuit Civil Court of the First Judicial District of Panama