Company: YDDL
Filing Date: 2025-01-21
Form Type: F-1
Source: 0001213900-25-004967
Chunk: 32

Company: One & one Green Technologies. INC
Filing Date: 2025-01-21
Form: F-1
Chunk 32
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 in the Philippines. All of our directors and executive officers reside outside the United States. In addition, all of our assets are located outside the United States. As a result, it may be difficult to enforce in the United States any judgment obtained in the United States against us or any of these persons, including judgments based upon the civil liability provisions of the U.S. securities laws. In addition, in original actions brought in courts in jurisdictions located outside the United States, it may be difficult for investors to enforce liabilities based upon U.S. securities laws. As of the date of this prospectus, there is no treaty between the United States and the Philippines providing for the reciprocal recognition and enforcement of judgments in civil and commercial matters and a final judgment for the payment of money rendered by any federal or state court in the United States based on civil liability, whether or not predicated solely upon the federal securities laws, would, therefore, not be automatically enforceable in the Philippines. It is not clear whether a Philippines court may impose civil liability on us, our directors and/or executive officers who reside in the Philippines in an action brought in the Philippine courts against us or such persons with respect to a violation solely of the federal securities laws of the United States. Under Philippine jurisprudence, judgment or orders by US courts could be recognized by Philippine courts, under certain conditions. In the Philippines, a judgment or final order of a foreign tribunal cannot be enforced simply by execution. ( BPI Securities v. Guevara, G.R. No. 167052, 11 March 2015)Such judgment or order merely creates a right of action, and its non -satisfactionis the cause of action by which a suit can be brought upon for its enforcement. ( BPI Securities v. Guevara, G.R. No. 167052, 11 March 2015)An action for the enforcement of a foreign judgment or final order in Philippine jurisdiction is governed by Rule 39, Section 48 of the Rules of Court. ( BPI Securities v. Guevara, G.R. No. 167 052, 11 March 2015) However, the foreign judgment or final order may be repelled by evidence of a want of jurisdiction, want of notice to the party, collusion, fraud, or clear mistake of law or fact. ( BPI Securities v. Guevara, G.R. No. 167052, 11 March 2015) 18 Risks Related to Our Corporate Structure Our corporate