O Fluminense won another judicial victory, this time in Canadian justice, which condemned the dry world, a former sports equipment supplier, to the payment of compensation to Tricolor. The decision declared Dryworld guilty of the contractual termination that occurred in 2016, determining the payment of the amount of compensation which will always be subject to the calculation of the update.
? Although the award is subject to appeal, Dryworld’s chances of overturning it are slim, especially given the overwhelming evidence produced by Fluminense? said the club’s vice president for legal interests, Heraldo Iunes.
Dryworld became Fluminense’s sports equipment supplier in January 2016. The numerous problems with delivery, payment of royalties and sponsorship quota led Fluminense to terminate the contract – initially planned for five seasons, it was terminated a few months later at the start of his term. Tricolor has since tried to recover the lagged values.
Under the five-year agreement with Fluminense, signed under the administration of Peter Siemsen, Dryworld would pay US$3.5 million fixed per year, which is equivalent to 13.5 million reais at the exchange rate of the ‘era. With the rewards and materials, this amount could reach 20 million reais. Most of the payments, until the departure of the sports supplier, have not been made.
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