Dispute over inherited property in exclusive district of Lima. Estudio Olaechea is representing Compañía de Jesús—a religious order in Peru—in a dispute over a property inherited from a devoted follower, located in Miraflores—one of Lima’s most exclusive districts. After this follower’s death, her nephews remained in the property, and our client only discovered it had inherited the estate much later.
Out-of-court settlement reached: We have worked to settle with the counterparties—the Saavedra Villanueva brothers—and successfully brought both sides to an agreement regarding the property. The agreement involves selling the property and dividing the proceeds.
Unfavourable precedent and decision promptly avoided: This case is significant because the Saavedra brothers were initially unwilling to negotiate with our client. Given the brothers had occupied the property for over twenty years, they could have pursued a parallel claim for acquisitive prescription, which had the potential to succeed based on similar precedents.
Latest development: Currently, both parties are preparing to sign the out-of-court settlement.
