Dolphin Company Founder Expects Court Ruling to Restore Control

Cancún, Quintana Roo — Eduardo Albor Villanueva, founder of The Dolphin Company, said he expects a court ruling to restore his control of the company, which he says was illegally taken from him in 2025.

In a virtual interview, Albor said he has cleared all legal proceedings against him, lives in Cancún, and recently traveled to the United States without restriction. He has been working to overturn the company’s Chapter 11 bankruptcy case in Delaware.

Albor said a federal circuit court in Mexico City, with a ruling ratified by Mexico’s Supreme Court, has already declared the 2025 change of administration illegal. That decision, he argued, nullifies the U.S. bankruptcy process and any actions taken as a result of it.

“As soon as the circuit court notifies its rulings and the Delaware court receives them, the next step would be to retake control of Dolphin,” he said.

The dispute began in late 2024, when The Dolphin Company filed for commercial insolvency proceedings in Mexico to restructure its debts and protect its assets, particularly its animals. According to Albor, the Mexican process prioritizes workers, Mexico’s tax authority and social security institutions over financial creditors, while the U.S. Chapter 11 case would have favored American creditors at the expense of Mexican ones.

The company filed a motion to dismiss the Delaware case on June 17, and hearings were held on July 20 and 21. Albor said he expects the judge to issue a ruling by mid-August.

He also said that any asset sale, including a possible transaction with Delphinus, would be void. The company may continue operating, but it cannot sell or transfer property, he added.

Albor, the company’s main shareholder, was arrested in February 2025 and released six days later for lack of evidence, in what he described as a “judicial kidnapping.” He called the current legal fight unprecedented, noting that two bankruptcy proceedings for the same company were handled simultaneously in Mexico and the United States.

“This will set a precedent… very soon the truth will come out and the truth will prevail,” he said.