Ayuela Jiménez represents Sevilla CF´s shareholder in shares syndication case

Ayuela Jiménez has successfully represented one of the main shareholder of Sevilla CF before court in a share syndication matter

Ayuela Jiménez has defended one of the main shareholders of Sevilla Club de Fútbol in the precautionary measures requested by the club´s president and several of its shareholders.

The football club´s request sought to force the firm´s client to syndicate its shares with those of the plaintiffs at the next general meeting, despite the fact that the syndication agreement had been settled out of court earlier.

In a resounding ruling, accepting the arguments put forward by the firm, the Court of First Instance 26 of Madrid has rejected the precautionary measures and has imposed the procedural fees on the plaintiffs. According to the firm, in essence, the ruling states that, on the one hand, the measure was clearly intended to be proactive (referred to in legal doctrine as innovative or satisfactory) and, on the other hand, it did not demonstrate the risk of procedural delay necessary for the measure to be granted. Consequently, the shareholder is fully free to decide how to vote at the next meeting.

Ayuela Jiménez partners Pablo Torán Umbert (pictured left) and Eduardo Ayuela Zurita (pictured right), heads of the Litigation and Commercial areas respectively, jointly defended one of the club´s main shareholder.

Desire Vidal