Lublan S.A. and ANTONIO DEL VALLE RUIZ – Part two

Photo from the Eagle County Assessor’s Office for Units 501, 502, y 503 at 68 (aka 100) E. Meadow Dr. in Vail, Colorado.

The assessed market values as of 12/21/2016 were as follows:

  • $3,327,860 – 68 (aka 100) E. Meadow Dr. Unit 501 along with parking spaces 718 and 719
  • $1,996,960 – 68 (aka 100) E. Meadow Dr. Unit 502 with parking space 721
  • $3,296,650 – 68 (aka 100) E. Meadow Dr. Unit 503
  • $69,460      – 68 (aka 100) E. Meadow Dr. parking space 732

Earlier we looked at Lublan S.A. and Antonio del Valle Ruiz in regard to two neighboring properties in Vail, Colorado with a total assessed value of $4.8 million. Now we are looking at another set of properties in connection with the same company along with Antonio del Valle Ruiz and two of his relatives.

Lublan S.A. was the owner of three neighboring Vail properties plus parking with a total assessed market value of $8.7 million as of December 21, 2016 according to the Eagle County Assessor’s Office. This brings the grand total for Lublan S.A. to $13.5 million in Vail.

The documents we have examined from Eagle County, Colorado do not show who owns Lublan S.A. But the documents show at least three men with del Valle names acting on behalf of the company.

January 19, 1989

Lublan S.A was incorporated in the Territory of the British Virgin Islands as Company No. 12361 of the Register of International Business Companies.

April 14, 1989:

Lublan S.A. purchased 68 (aka 100) E. Meadow Dr. Units 501, 718, and 719, in Vail, Colorado for $675,000 from Gerald R. Ford and Elizabeth B. Ford.

May 20, 1996:

Lublan SA, a British Virgin Islands Company “personally guaranteed by Antonio Del Valle,” borrowed $900,000 against the unit purchased in 1989.

Francisco del Valle signed the Deed of Trust as an Authorized Signatory for Lublan SA, Borrower. Antonio del Valle personally co-signed as a Borrower.

April 9, 2009:

Lublan S.A.,a Company incorporated in the British Virgin Islands, borrowed $1,995,960 against 68 (aka 100) E. Meadow Dr. Unit 501 in Vail from JPMorgan Chase Bank as shown by a Deed of Trust.

The Deed of Trust was signed by Antonio del Valle Ruiz as the Authorized Signatory for Lublan S.A. The signatures of Antonio del Valle Ruiz on the Deeds of Trust in 2009 appear very similar to that of Antonio del Valle on the Deed of Trust from 1996 examined above. Therefore we believe that Antonio del Valle and Antonio del Valle Ruiz is the same person.

Signature from the 2009 Deed of Trust for 68 (aka 100) E. Meadow Unit 501

For comparison, here is the 1996 signature again:

April 14, 2009:

The 1996 Deed of Trust was released by Lublan S.A.’s creditor, meaning that the debt was satisfied. We have been unable to find any public filings in Eagle County, CO showing Antonio del Valle’s role as personal guarantor had changed or ended prior to the release.

November 8, 2012:

Lublan S.A., a British Virgin Islands Company, purchased 68 (aka 100) E. Meadow Units 502 and 721 in Vail for $1,325,000 from the Emmarie Frances Nosal Irrevocable Trust Under Agreement Dated February 17, 1998 and the Tomasik Gregory Nosal Irrevocable Trust Under Agreement Dated February 17, 1998.

February 6, 2013:

Lublan S.A. a British Virgin Islands Company, borrowed $927,500 from JPMorgan Chase Bank secured by 68 (aka 100) E. Meadow Unit 502 in Vail. Juan Pablo del Valle Perochena signed a Deed of Trust memorializing the loan on February 7 as Authorized Signatory to two director entities of Lublan (Delnom Limited and Delco Investment Limited).

November 14, 2014:

Lublan S.A., a British Virgin Islands Company, purchased 68 (aka 100) E. Meadow Unit 503 and 732 in Vail for $3,800,000 from Robert P. Smith.

April 3, 2015:

Lublan S.A., a British Virgin Islands Company, borrowed $2,850,000 from JPMorgan Chase Bank with 68 (aka 100) E. Meadow Units 503 and 732 in Vail as collateral. Antonio del Valle Ruiz signed the Deed of Trust as an Authorized Signatory for Lublan SA.

Who Are the Owners:

The documents we have examined from Eagle County, Colorado do not show who owns Lublan S.A. But we have concluded the following people have been affiliated with Lublan at some point in the past:

Antonio del Valle Ruiz and his family had an estimated net worth of $2.9 billion and a #8 wealth ranking among Mexican elites according to Forbes as of 12/21/2016. Members of the del Valle family own the conglomerate Kaluz which according to its website is affiliated with chemical company Mexichem, construction materials company Elementia, and financial services company Grupo Financiero Ve por Más. Antonio del Valle Ruiz was the Honorary Chairman of the Board of Mexichem as of the end of 2015 and was at that time the Honorary Lifetime President of Kaluz and Mexichem. At the same time he was also a boardmember of Elementia, Grupo Financiero Ve por Más, Teléfonos de México, S.A. de C.V. Industrias Monterrey, S.A. de C.V., and Axa Seguros, S.A de C.V. (México).

Juan Pablo del Valle Perochena is one of Antonio del Valle Ruiz’s sons and was the Chairman of the Board of Mexichem as of the end of 2015. At that time he was also a boardmember of Johnson Controls, Grupo Lala, Elementia, and Grupo Pochteca.

Francisco Javier del Valle Perochena is another son of Antonio del Valle Ruiz. We believe this is likely to be the Francisco del Valle that was an Authorized Signatory for Lublan SA in 1996 given the involvement of Antonio del Valle Ruiz and Juan Pablo del Valle Perochena. He was a boardmember of Mexichem, Controladora GEK S.A.P.I. de C.V., Banco Ve por Mas, Elementia, and Grupo Pochteca as of the end of 2015.

Chedrauileaks.com will continue to research these properties and the people and companies involved.

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