Global Digital Solutions Inc (GDSI)

[Coreton]

They don’t need the courts in Brazil, Rontan has already agreed to completing the transaction through their Counsel.

It’s in their motion following the Damages hearing.

There is also no recognition process for this judgement as Rontan signed a contract in which the Southern District of Florida was to be the venue of any disputes.

Recognition is reserved for judgements in which no such contractual language exists.

The Brazilian courts will not hear this case. IMHO.
This of course does not prevent The Bolzan’s et al from trying.

So at best if the conveyance of Rontan is the proceeds, the 27.5% of $100m is far less than $56m. Looks like $27.5m which is a litigating cost and may be recoverable as stated in the SPA and expressly referenced in the judges final order.