Judge Won’t Dismiss Petition To Confirm Award In Brazilian Sales Dispute

(August 3, 2023, 1:28 PM EDT) -- ORLANDO, Fla. — A Florida federal judge on Aug. 2 adopted in full a magistrate judge’s report and recommendation and denied 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....