Summary

This is an ordinary civil lawsuit filed by Industria Avícola del Sur, S.A. against Lisa, S.A. On March 20, 2024, the court addressed third-party intervention issues and ruled on BDT Investments Inc.’s participation in support of Lisa.

Decisions

Eleventh Civil Court of First Instance
March 20th, 2024
Issues

Whether BDT Investments Inc. had a direct and certain interest to intervene as a third-party co-defendant (coadyuvante) in support of Lisa, S.A.

Ruling

The court (i) recognized the appearing representative’s capacity and notification details, and (ii) from clause three of the submitted transaction, found BDT Investments Inc. has its own, certain interest; therefore, it admitted BDT as third-party co-defendant for the defendant.

Effect

BDT Investments Inc. is formally part of Lisa’s defense

Order|Eleventh Civil CourtMarch 20th, 2024

Conclusion

The court’s admission of BDT Investments Inc. strengthens Lisa, S.A.’s defense by ensuring its aligned shareholder interests are represented in the proceedings. Substantive issues of the lawsuit remain to be decided.