Judge Confirms $2.5M Award In Brazilian Dispute, Dismisses Alter Ego Claim

( September 10, 2024, 12:36 PM EDT) -- ORLANDO, Fla. — A Florida federal judge on Sept. 9 confirmed an arbitral award worth $2.5 million against a Brazilian holding company for allegedly draining Brazilian assets in part through Florida real estate purchases to evade payment of various debts owed for the purchase of two Brazilian freight and logistics companies, but dismissed an alter ego claim against the company’s owner for failure to prosecute....

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