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Concentrated land ownership translates into extreme wealth disparity. Brazil is a country of about 190 million people, and some estimate that 50% of the population is living on less than two dollars per day.
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These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia.
Before his legal troubles began, Mr Dantas was known primarily for his brains. He grew up in Bahia, in the north-east, in a family patronised by Antonio Carlos por Magalhães, a political boss who controlled the state at the time. After an undergraduate degree in engineering, he went to Rio to study for a PhD in economics. Mr Dantas was a dedicated student (he even delayed his wedding to attend an academic conference) who went on to do postgraduate work in economics at the Massachusetts Institute of Technology, all the while maintaining commercial interests in Brazil.
Meanwhile, the Globo reporter was airlifted off the ranch by Agropecuária Santa Bárbara. The Globo video, which does not discuss the events leading up to the conflict, was orchestrated to criminalize the MST and turn public opinion against it.
Mr Dantas enters the room, places his various mobile phones on a table and removes their batteries. At least one of them has been bugged by Brazil's spy agency, he says, turning it into a listening device.
It is the law in this State that courts should avoid imposing noticias a fiduciary or other heightened duty upon the parties when they expressly disclaim it. Both Justice Wilson of the Court of Appeals in his dissent in a prior appeal in this action (see Wilson, 29 NY3d at 1065), and the Second Circuit, in affirming the Southern District's dismissal of identical claims against Citibank, reached the same conclusion (Wilson v Dantas, 2013 WL 92999 [SDNY 2013], affirmed 746 F3d 530 [2d Cir 2014] ["A fiduciary relationship between OEP's shareholders and Citibank cannot arise by virtue of the organizational structure outlined in OEP's Shareholder Agreement"]). Moreover, any fiduciary duty undertaken in this context would have get more info run only to OEP/general partner. To the extent Wilson's claim is that assets owed to him as website a shareholder and fiduciary of OEP/general partner were wrongfully diverted to defendants and other corporate fiduciaries, the enforcement of such duties and recovery of such assets, if any, belongs to OEP/general partner and not to Wilson, personally (see Abrams v Donati, 66 NY2d 951, 953-54 [1985]). The Court rejects the contention that an issue of fact is raised by virtue of the joint venture allegations that defendants assert in the 2005 and 2017 Opportunity SDNY actions (Exhibits 2-3, annexed to the Reed Aff. [mot seq 10]). Dantas and the other defendants to those actions have consistently denied that Wilson was a member of the alleged joint venture, and their pleadings, which are undoubtedly judicial admissions, do not demonstrate otherwise.
As always, contention trails Dantas. About 700 people squat on Opportunity’s land demanding click here ownership and the fund’s cattle unit is accused of illegally raising cattle on embargoed lands that were illicitly deforested before the fund acquired them, which it denies.
The following year, Wilson commenced this action against Citibank and defendants. In the complaint, Wilson get more info alleges that defendants earned billions of dollars in profits but failed to pay his five percent profit participation that the Funds earned and that Dantas promised him.
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Unlike the United States Supreme Court, we lack (but should possess) the ability to dismiss appeals based on an improvident grant of leave to appeal. It is therefore particularly important that we avoid cases where the issues specified by the appellant as the basis for review have evaporated. II.
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