Global Digital Solutions Inc (GDSI)

[Thewster]

Case 9:18-cv-80106-DMM Document 27 Entered on FLSD Docket 01/04/2019 Page 7 of 28
INTRODUCTION
This action arises from the breach of an agreement (“SPA”) for the sale to plaintiff Global Digital Solutions, Inc. of the stock in defendant Grupo Rontan Electro Metalurgica, S.A. (“Rontan”). The defendants’ motion to dismiss fails for the following reasons:
First, the defendants are subject to Florida’s long-arm jurisdiction statute because the SPA specifically required that the shares of Rontan stock be transferred to GDSI at the closing of the transaction in Boca Raton, Florida. Accordingly, when the defendants refused to close the transaction and transfer the shares to GDSI, they breached the SPA by failing to perform an act required by the SPA to be performed in Florida, subjecting them to long-arm jurisdiction under Fla. Stat