Ec. Jaime Carpio Amoroso against Industrias Guapán S.A.

Through resolution of May 27, 2009 of the Civil, Mercantile and Familiar Court of the National Court of Justice, it was declared unfounded the claim filed by Ec. Jaime Carpio Amoroso against Industrias Guapán S.A.

The Court ratified the criteria of other rulings issued by the highest Tribunal of Justice of our country in the sense that administrators of a stock company are free removal and may be removed without express cause.

The defendant was represented by Dr. Ernesto Guarderas Izquierdo, partner of our firm.