Judge Stays Case Pending Appeal Of Order Refusing To Enforce $14M Award

Mealey's (April 3, 2018, 2:11 PM EDT) -- FORT MYERS, Fla. — A Florida federal judge on March 29 refused to dismiss an investment company’s claims that two Brazilian citizens fraudulently transferred property in an attempt to avoid paying a $14 million arbitral award, staying the case pending the outcome of its appeal of a state court ruling that refused to enforce the award (Kozma Investmentos Ltd. v. Edson Pereira Duda, et al., No. 2:17-cv-306, M.D. Fla.)....

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