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Re: PhenixBleu post# 44028

Friday, 01/24/2020 1:48:35 PM

Friday, January 24, 2020 1:48:35 PM

Post# of 50022
Foreign judgment directly enforceable.

Brazilian law provides that CERTAIN TYPES of contracts and negotiable instruments take a speedier route in civil proceedings, GOING STRAIGHT TO THE ENFORCEMENT PHASE. THESE ARE CALLED enforceable certificates, and are divided into judicial (COURT and arbitration PROCEEDINGS)

this litigation is a court proceeding. IT IS IMMEDIATELY RECOGNIZED AND IMMEDIATELY ENFORCEABLE under Brazilian law.