Replies to post #44034 on Global Digital Solutions Inc (GDSI)

[PhenixBleu]

Coreton - Those excerpts do not apply to the recognition and enforcement of a foreign Default Judgement. The links in my Stickie contain applicable information.

Foreign judgment directly enforceable.

Brazilian law provides that CERTAIN TYPES of contracts and negotiable instruments take a speedier route in civil proceedings, GOING STRAIGHT TO THE ENFORCEMENT PHASE. THESE ARE CALLED enforceable certificates, and are divided into judicial (COURT and arbitration PROCEEDINGS)

this litigation is a court proceeding. IT IS IMMEDIATELY RECOGNIZED AND IMMEDIATELY ENFORCEABLE under Brazilian law.

[PhenixBleu]

The Brazilian legal framework for the enforcement of foreign judgments is based on the:

1. Federal Constitution (Article 105, letter l, item i, and Article 109, letter X).

2. Code of Civil Procedure (Article 515, item VIII and Articles 960 to 965).

3. Rules of Procedure of the Superior Court of Justice ((Articles 216-A to 216-X) that by virtue of Amendment No. 18 of 17 December 2014, replaced Resolution No. 9 of the same court).

https://uk.practicallaw.thomsonreuters.com/1-619-3370?transitionType=Default&contextData=(sc.Default)&firstPage=true&bhcp=1

It's a mistake to invest money in this designated "Shell Risk" company believing that just one portion of the framework applies.

https://www.otcmarkets.com/stock/GDSI/overview