Opposition to Shareholder Exclusion

Since 2011, the Avícola Villalobos Group companies have attempted to exclude Lisa, S.A. as a shareholder without compensation, relying on defective resolutions aimed at stripping Lisa of its economic rights. Courts consistently ruled in Lisa’s favor, finding that the attempted exclusions violated corporate law due to missed statutory deadlines, lack of due process, and the absence of any valid cause.

Appeals and constitutional challenges likewise failed, with higher courts confirming that Lisa acted promptly and that all procedural defects were attributable to the companies themselves. Lisa has successfully opposed these exclusion attempts and continues to assert its lawful shareholder status.