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Investegate |Global Digital Solutions Inc. Announcements | Global Digital Solutions Inc.: Global Digital Solutions, Inc. Awarded Specific Performance and $192M in Incidental Damages

Global Digital Solutions Inc. 03-Feb-2021 / 20:50 GMT/BST   Ruling will propel company into automotive EV and AI sectors   West Palm Beach, FL via NewMediaWire Global Digital Solutions, Inc. (GDSI) (OTC: GDSI), a company that is positioning itself as a leader in Automotive and Aviation Technology Solutions, has received the decision from the United States District Court for the Southern District of Florida regarding the case against Grupo Rontan Electro Metalurgica, S.A., Joao Alberto Bolzan and Jose Carlos Bolzan.   The decision awards Global Digital Solutions Specific Performance (Rights to Rontan Metalurgica) and incidental damages of $192,448,000.     William Delgado, CEO and Chairman of GDSI, said, We are very pleased to announce that our ongoing legal complaint against Rontan Metalurgica and the Bolzan brothers has been decided. Our legal team of William Isaacson, Carlos Sires and James Grippando has done a fantastic job steering this through a very complex l

Global Digital Solutions, Inc. Awarded Specific Performance and $192M in Incidental Damages

Global Digital Solutions, Inc. Awarded Specific Performance and $192M in Incidental Damages 03-Feb-2021 / 20:50 GMT/BST Global Digital Solutions, Inc. Awarded Specific Performance and $192M in Incidental Damages Ruling will propel company into automotive EV and AI sectors West Palm Beach, FL via NewMediaWire Global Digital Solutions, Inc. (GDSI) (OTC: GDSI), a company that is positioning itself as a leader in Automotive and Aviation Technology Solutions, has received the decision from the United States District Court for the Southern District of Florida regarding the case against Grupo Rontan Electro Metalurgica, S.A., Joao Alberto Bolzan and Jose Carlos Bolzan. The decision awards Global Digital Solutions Specific Performance (Rights to Rontan Metalurgica) and incidental damages of $192,448,000.

Global Digital Solutions, Inc. Provides Business Update on Automotive and Aviation Technology Solutions

Share this article Share this article SACRAMENTO, Dec. 30, 2020 /PRNewswire/  Global Digital Solutions, Inc. (OTC: GDSI), a Company that is positioning itself as a leader in Automotive and Aviation Technology Solutions, provides a corporate update from CEO William Delgado. We are very pleased to announce that our ongoing legal complaint against Rontan Metalurgica and the Bolzan brothers is reaching a close. Our legal team has filed the final finding of fact and we expect the court s ruling sometime in late January of 2021. Global Digital Solutions has asked for Specific Performance (the Company and Plant in Brazil) and incidental damages of approximately $192,000,000, not including legal fees incurred by our team at Boies Schiller Flexner. We firmly believe that our legal team of Boies Schiller Flexner, as well as William Isaacson of Paul Weiss, are arguably the most respected attorneys regarding cross-border matters and will ultimately bring this judgment to a successful closur