The court in Seville has rejected the move to appoint a judicial administrator to summon an Extraordinary General Assembly, as requested by Del Nido.
Specifically, trade court number 2 declined the precautionary measures sought by José María del Nido Benavente, which would have empowered a judicial administrator in Seville with the mandate to convene an Extraordinary General Assembly. The aim was to allow him to vote despite a prior agreement that he had signed to back the votes of the board led by José Castro. The judge’s decision means the safeguard petition is denied, and Del Nido Benavente will bear the costs of this precautionary process. This step marks another moment in the ongoing legal clash between the parties and will be examined by the provincial court to determine whether the agreement that keeps Castro in power should stand, especially since Del Nido was unable to participate in voting on the dismissal of the current board at the most recent shareholder meeting. (Goal)
Meanwhile, the Mercantile Court action filed by Del Nido to challenge the latest shareholder meeting remains pending. The court has only dismissed the requested precautions that March de Castro and his council sought to impose this week. The next hearing is approaching, with proceedings scheduled to continue in April. (Goal)
Additionally, Castro’s council has not executed other agenda items, including the annual accounts and the budget for the upcoming season, which necessitates scheduling another meeting soon to address these unresolved issues. (Goal)
Del Nido Benavente’s defense, citing losses from the most recent campaigns, argued for the precautions that were ultimately rejected. The ruling affords Castro a few days to consider next judicial steps while Nervión continues to fight to remain in the top tier. (Goal)
Notes: The ongoing legal battles and the looming court dates underscore the high-stakes nature of governance decisions within the organization and the impact on its competitive status in the league. (Goal)