Bid To Confirm Award For Brazilian Sales Dispute Belongs In Florida, Magistrate Says

(June 27, 2023, 2:21 PM EDT) -- ORLANDO, Fla. — A Florida federal magistrate judge on June 26 recommended denying a Brazilian holding company and its owner’s motion to dismiss a petition to confirm an arbitral award against them worth more than 2.5 million Brazilian reais for allegedly draining Brazilian assets, in part through Florida real estate purchases, to evade payment of various debts....