Thursday, December 17, 2020 2:32:58 PM
They are saying we want to execute the SPA now.
Defendants proposed order .......
@ 16) Plaintiff is awarded specific performance and the parties to comply with the spa to close the transaction.......
This is Rontans proposal.
This alone would eliminate their challenge in a Brazilian court during the long touted “Recognition “ process. Rontan would have to challenge the US courts ruling in the default judgement. Rontan has essentially closed that challenge door here with this admission.
This is essentially over boys and girls.
There is no longer a challenge under the recognition process in Brazil. Rontan just slammed that door shut!
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