Cemex Latam Holdings announced that its indirect subsidiary Cemex Colombia was notified of a decision of the Supreme Court of Justice that forces them to pay $18.9 billion to the family of John Mario Laserna for compensation of damages suffered between 1981 and 1998.
“The Supreme Court of Justice sentenced Cemex Colombia to pay the plaintiffs the total sum of ($18,990,474,421) in February 2022 (approximately equivalent to US$5,017,324 at today’s official TRM of $3,784.98), as compensation for damages suffered between the years 1981 and 1998″, assured the cement company.
This is in compliance with the order issued by the Constitutional court in the sentence reported to the market in October 2021, which is part of the civil liability process promoted in 1999 by several companies that own rice crops.
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The companies belong to the family of John Mario Lasernaan economist and political senator between 2010 and 2014, who died in a traffic accident on July 24, 2016, while on his way from Ibagué to Bogotá.
His family alleged damage from emissions from one of the Cemex Colombia.
This lawsuit had been resolved in favor of Cemex Colombia in July 2018 in an extraordinary appeal by the Supreme Court of Justice, and once morest said decision, the family Laserna he promoted a tutela action which was denied in first and second instance.
However, the Constitutional courtin a review ruling, ordered the previous judicial decisions to be annulled, returning the file to the Supreme Court of Justice, so that it might pronounce a new sentence.
Cemex Colombia reported that it is analyzing the appropriate legal actions.
