Global Digital Solutions Inc (GDSI)

[Coreton]

WRONG Still.

Judge Signs order

Order sent to Brazil

Under Brazilian Lawn the US ( foreign) judges signature is Recognized as satisfying Proper service and adjudication. It is then Immediately Enforceable. One verified signature satisfies the three steps you think are required.

Brazilian court verifies Judges order. There is no additional court proceedings, no new trial, no appeal is available for Default Judgements, Default Judgements are treated the same in Brazil as the US.


There are two possible outcomes for Damages after the Default Judgement ruling which will be handed down on the 4th.

They may or may not take a day or two to rule on Damages.

First, Specific Performance with Incidental Damages.
If this is awarded the The SPA will be enforced with an adjustment to the sale price to reflect the Taxes owed. Enforcement of a contract (SPA) is a voluntary event in the eyes of the law in Brazil and the US, both parties willingly entered into the agreement.

Second, if Incidental Damages are not awarded then GDSI May chose to take Actual Damages in lieu of Specific Performance.