Updates
Recent
After a July 3, 2024 order, GALA failed to provide Villamorey’s 2004–2019 records; Lisa, S.A. seeks an on‑site inspection.
Lisa, S.A. argues that dividends from 2014 remain subject to judicial embargoes, making prescription inapplicable.
Lisa, S.A. urges the Supreme Court to reject Avícola Villalobos’s cassation as unfounded and procedurally flawed.
Last Month
Lisa appeals decision that wrongly extinguished its right to dividends from Reproductores Avícolas.
Lisa announces a cassation appeal to challenge the appellate ruling that upheld dismissal of its claim.
Guatemala’s Eighth Civil Court denied Villamorey’s action to extinguish Lisa’s 2010–2011 dividend rights by prescription.
Court removes $40K cost penalty against Lisa, finding no bad faith in its legal actions.
Lisa, S.A. opposes the cassation filed by Avícola Las Margaritas, S.A., seeking to overturn a judgment denying the prescription of dividend payments. The defense asserts that the payment obligation was conditional, not immediately enforceable, and thus not subject to the claimed statute of limitations.
June 2025
Lisa, S.A. opposes an appeal from Industria Avícola del Sur, S.A., which seeks to declare extinguished its obligation to pay dividends due to prescription. The defense argues the claim is unfounded due to ongoing embargoes and lack of proper determination of payment terms.
Lisa, S.A. appeals a ruling that denied preliminary exceptions regarding judicial competence, procedural defects, and legal conditions related to a claim for dividend prescription. The appeal argues improper jurisdiction due to an existing arbitration clause and insufficient legal grounds for the claim's admissibility.
Anticorruption Prosecutor admits Lisa, S.A.'s complaint against Judge Wolfschon for paralyzing case.
Audit report on the shareholder registry and minutes books of Avícola Las Margaritas, S.A., detailing findings including shareholder ownership, judicial embargoes, and dividend inconsistencies.