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Eddie T

07/11/20 2:08 PM

#45602 RE: PJC1 #45600

Check back Aug 1:)

PhenixBleu

07/11/20 2:43 PM

#45603 RE: PJC1 #45600

Check back next year. IF there is an Award, it must go through Brazil as the Rontan shareholders are citizens of Brazil. Brazil has a Recognition process for Foreign Judgements. It can take three months to a year in normal conditions. With the CV-19 impact on Brazil's courts, their normal backlogs will be very extended.

Let's see whether the Judge allows the case to move to trial first.

BTW, what BSF thinks they're due in damages may not be what the Judge thinks they're due. After all the Discovery, the Judge is fully aware that GDSI never had the funds to complete the transaction. He knows GDSI was not harmed. The SPA was signed in 2015. Delgado got "woke" three years later and decided to pursue this crazy case.