Some very scary fake news
Someone said that the lawsuit will based on Brazilian law. 1000 percent fake news. The purchase agreement between Rontan and GDSI specifically says Florida law (section 10.5) 1000 percent fake news. It is also 10,000 percent fake news because a United States federal court does not apply Brazilian law. LOOK AT THE CONTRACT INSTEAD OF SPREADING FAKE NEWS!!!!!!!!!!!!!!!!!!!!! It is common sense that United States federal courts handle three types of cases. Suing a foreign entity, cases based on violation of federal law and cases based on diversity jurisdiction. A federal court will then apply state law in issues regarding the case and the state law that is used is based on a number of issues. To even suggest that a federal judge who has multiple clerks working for them to research case law is applying Brazilian law is a statement by a person why knows nothing about the law!!
Second, damages have nothing to do with the payment method. 10,000 percent fake news. It doesn't matter if GDSI was paying via cases of wine, damages incurred by GDSI have nothing to do with the payment method.
Third, it is fake news that BSF was already paid $1,200,000. And yes, BSF is the whale secured by Bill the harpoonist.