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Ayala Secures Summary Judgment in Case Involving Illegal Transfer of Client Stock Valued at $5 Million to a BVI Entity

By December 18, 2023No Comments

We’re extremely happy to announce that we have successfully obtained a judgment in favor of our client. This case involved the illegal transfer of our client’s interest in two Florida entities.

The case alleged that the Defendant illicitly transferred the interest of Ayala’s client during its tenure as the manager of the client’s assets in the United States. The complaint included causes of action for declaratory judgment, requests for records, and accounting.

Rather than safeguarding our client’s interests, the asset manager redirected these assets into his own pocket. He transferred them to a shell company in the British Virgin Islands that he solely controlled, acting without authority. This transfer occurred a mere two days after his termination from the investment fund, despite being fully aware that his authority was soon to be revoked.

Attorney Eduardo A. Maura expressed satisfaction, stating, “We’re pleased with this ruling. It’s been a three-year battle to recover our client’s assets. Litigation is never straightforward, even in cases resembling blatant theft. Yet, perseverance and diligent legal work often lead to achieving justice in the end.”

The order can be found here.

For more expert legal guidance on commercial disputes or the illegal transfer of assets, contact one of our experienced attorneys at 305-570-2208. You can also email our lead attorney, Eduardo, directly at

We at Ayala Law PA are passionate about helping those in legal need, so please don’t hesitate to schedule a case evaluation with us online here.

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