MIAMI — A group of minority shareholders is suing the majority shareholders of two Curacao-based companies citing alleged conspiracy to breach fiduciary duties including withholding dividends and denying them access a private aircraft.

Jordi A. Dalmau, Alexander M. Dalmau, Isabella M. Dalmau, Julieta Dalmau, Xavi Dalmau and Nicolai Dalmau filed a complaint on Feb. 19 in the U.S. District Court for the Southern District of Florida, Miami Division against Enrique Baduell Francisco and Jordi Baduell Dalmau alleging that they pilfered millions of dollars and refused them access to a shared aircraft, as well as to the businesses' financial records and bank statements. 

The suit alleges that the defendants, holding controlling interest in United Iron N.V. and Dimat Corporation N.V., have arranged to have millions of dollars diverted from the companies directly to their families, while bypassing the minority shareholders; wrongly distributed assets such as insurance adjustments and profits from sales of subsidiaries to themselves and others without distributing said assets to the plaintiffs; and wrongly denied them use of a 2009 Beechcraft King Air airplane in which they have a 38.8 percent interest. 

The plaintiff seeks an order of accounting of all books and records; a judgment in excess of $75,000; compensation for expenses and legal fees, and any other relief they may deem just and equitable. They are represented by Paul D. Turner and Brian Chaiken of Perlman, Bajandas, Yevoli & Albright, P.L. in Fort Lauderdale, Florida.

U.S. District Court for the Southern District of Florida, Miami Division Case number 1:16-cv-20605

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U.S. District Court Southern District of Florida Miami Division

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