Disputes Related To Directors, Shareholders And Corporation

Suescún Abogados advises and represents its clients in disputes related to duties and liability of corporate directors, shareholders and corporations.

Our partners have extensively published on these topics, including a leading book in this field called “Duties and Liability of Corporate Directors” (Tirant lo Blanch, 2021).

Corporate Disputes

Recent advice and cases include the following:

Cementos Argos

– Advised the board of directors of Cementos Argos, fourth largest cement company in the Americas, with the hostile takeover bids presented by JGDB Holding (part of the “Grupo Gilinsky”) in the attempt to buying an interest in Grupo de Inversiones Suramerican (“Grupo Sura”), a publicly-traded company.

Port society of Buenaventura

– Advised Sociedad Portuaria de Buenaventura, concessionaire of the largest and most important port in Colombia, in different disputes and procedures involving the corporation, its shareholders and directors. As a consecuence of our advice, minority shareholders withdrew an arbitration procedure and the company obtained a very favourable decision from the Superintendence of Transportation.

Port society of Santa Marta

Advised Sociedad Portuaria de Santa Marta with different contracts and transactions which involved multiple and complex conflicts of interest.

Representation

Represented Colombian and Venezuelan companies in a USD$30 million dollars domestic arbitration, under the Rules of the CCB, related to shareholders disputes arising out from the acquisition of shares over a company.