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The legal dispute between the Las Condes Clinic (CLC) and hundreds of its doctors gathered in the Medical Committee adds another actor: the former president of the corporation, businessman Andrés Navarro. The company’s lawyers, Sebastián Oddo and Martín Coronado, entered the Court of Appeals on Wednesday, where a protection appeal filed by the doctors for the end of their lease contracts is heard, a three-page brief where they denounce that in 2019 Andrés Navarro and the medical team “orchestrated” a “hidden and parallel” offer to the one successfully launched by Cecilia Karlezi, 50.05% of the clinic.
The Las Condes Clinic informed 559 doctors of the clinic in August about the end of their rental contracts, through which the professionals pay the entity for the use of the clinic’s offices and boxes. The company intends to modify the doctor’s payment model to increase the clinic’s income. The doctors denounced in court the unilateral and late termination of the contracts and obtained an order not to innovate that momentarily paralyzed CLC’s strategy.
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For these actions, the CLC lawyers accuse that the doctors intend to “assume powers of administration of the clinic that are inherent to its board of directors, such as evicting the leases. For this reason, Oddo and Coronado add, “the protection resource is nothing more than an instrument to specify a CLC co-government, a situation that, at least, has been brewing since 2009 when they made a hidden and parallel Public Offering which was publicly performed by Lucec Tres SA ”, Karlezi’s company.
The brief accuses that the president of the executive committee of the Medical Corps, José Giordano, together with the former president of the CLC board, Andrés Navarro, orchestrated the offer. For this, they presented an email dated November 5, 2019, sent by the secretary of the Medical Corps. The email is as follows:
“Dear Doctor
Registration is prior to the OPA closing, which is at 5:00 p.m. today. Indeed, the purchase by a group of shareholders related to Mr. Navarro would be yes and only if the takeover bid of the Lucec Tres group does not work. “
The lawyers ask the court: “Why was the Executive Committee of the Medical Corps, instead of exercising functions proper to its professional medical activity, was organizing the hidden offer of shares?”
Navarro, a partner of the computer company Sonda and AFP Modelo, was president of CLC until November 11, 2019, when he resigned after the success of the Karlezi takeover bid and the subsequent change in ownership. As president of CLC, and by legal obligation, Navarro had to give his opinion to the market on the takeover of Karlezi, who then offered $ 4,000 per share. Navarro said on October 4 that the price offered was low because he did not internalize “the changes implemented in the administration and in the operation of the business, which will make the company profitable in the medium term,” nor the “greater value represented by acquiring control of a company. leading company in the health market in Chile ”.
