The Dolphin Company Responds to False Claims from Ex-Management Amid Bankruptcy Restructuring

In a decisive move, The Dolphin Company, recognized by courts in both Mexico and the United States, has taken steps to refute misleading claims made by its former CEO, Eduardo de Martín Albor Villanueva, and his associates. This comes in the wake of allegations that have circulated regarding the company's leadership and its ongoing restructuring process under Chapter 11 in the United States.

On July 26, 2026, the company's current authorized leadership issued a statement categorically rejecting the false and unauthorized press release disseminated by Albor and others claiming to represent the company. This action is in direct violation of multiple orders issued by the United States Bankruptcy Court. It was emphasized that there has been no overturning of the company's leadership transition which took place in March 2025.

The company remains under the trusted guidance of Steven Strom, the Independent Director, and Robert Wagstaff, the Chief Restructuring Officer. They are focused on navigating through the Chapter 11 process effectively and ensuring the continued protection of the welfare of its animals and the interests of its employees and stakeholders.

Legal Proceedings Against Former CEO

In the statement, it was highlighted that Mr. Albor has been involved in ongoing criminal proceedings in Mexico pertaining to his attempts to initiate insolvency proceedings, claims that the current leadership also defended against. The Dolphin Company further stated that a civil court in Mexico City has issued precautionary measures that prohibit Albor from representing the company in any capacity.

This narrative from the former management is not only challenged by the company’s current leadership but is fundamentally unsupported by the legal framework in place in both Mexico and the United States. In clear terms, there is NO active supervision from any Mexican insolvency proceeding over The Dolphin Company’s restructuring efforts.

“It’s crucial that we maintain focus on our restructuring process without being sidetracked by false statements. Our priorities are to support our employees, care for our animals, and preserve the value for our stakeholders,” said Strom. He reiterated the importance of adhering to legal proceedings and maintaining ethical governance despite the chaos stirred by former management.

Commitment to Environmental Stewardship

The Dolphin Company, a leading aquatic park operator globally, operates numerous parks and dolphin habitats across eight countries. The company promotes environmental conservation and sustainable practices through its interactive programs designed for marine education. The leadership's commitment to protecting both its animals and employees remains unwavering amidst this corporate turmoil.

As the company forges ahead, it has made it clear that it will not tolerate any deviations from legality and ethics. It reserves all rights to uphold its reputation and counter any misleading statements made by former representatives attempting to assert claims they are not authorized to make.

The Dolphin Company’s resilience in the face of adversity illustrates its dedication to creating safe, enjoyable experiences for visitors while fostering a deep respect for marine life and environmental sustainability. As they navigate through their Chapter 11 restructuring, the current leadership is committed to ensuring a responsible and transparent process.

For more information regarding the Chapter 11 filing details, stakeholders can access official court documents or contact the company directly.

Conclusion

The ongoing challenge presented by former management only strengthens The Dolphin Company's resolve to emerge from the Chapter 11 process as a more robust entity. With a clear plan focused on sustainability and employee welfare, The Dolphin Company looks towards a future where it can continue to offer educational and interactive experiences that underscore their commitment to the marine environment.