**1. Introduction and Main Result**

In the 1950s, Bruno de Finetti (1957) formulated the following stochastic control problem: find the dividend strategy maximizing the expected present value of the dividend payments associated with an insurance surplus process. Presently, this control problem is known as de Finetti's optimal dividends problem. Another active field of research in insurance mathematics is the analysis of Parisian implementation delays in the recognition of default (see e.g., (Landriault et al. 2011; Loeffen et al. 2013)) and/or in the design of dividend strategies (see e.g., (Albrecher et al. 2011; Dassios and Wu 2009)). In what follows, we formulate and solve an extension of de Finetti's control problem with Parisian ruin.
