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Wednesday, February 03, 2021 1:51:20 PM
Here read-
(d) Plaintiff is awarded incidental damages in the amount of $192,448,000.00,4 which consists of:
(i) $162,131,000.00—the undisclosed tax liabilities of Grupo Rontan; (ii) $19,056,000.00—the additional encumbrances that have been
placed on the real estate of Grupo Rontan prior to closing; and
(iii) $11,261,000.00—the debt of Grupo Rontan in excess of the agreed
limits.
IT WOULD DO EVERYONE GOOD TO READ AND UNDERSTAND THE ENTIRE JUDGEMENT
I agree in the end, one could consider the Bolzans have to pay this, but, this $192 million plus interest must be paid first, out of profits and out of monies that would otherwise be paid to the Bolzans, of this new entity controlled by Bilky DelCrappo, who’s only history in the vehicle business (NACSV) was an absolute financial disaster, per GDSI filings with the SEC
Pure disaster.
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