Judge upholds Ritz verdict

Judge upholds $44.2 million judgment, one of the largest jury-imposed damage awards in local history.

SARASOTA — Ritz-Carlton Sarasota co-owner C. Robert Buford sat ramrod straight and Midwestern proper through eight hours of mostly reconstituted testimony in January, hoping a Sarasota County judge would slash one of the largest jury-imposed damage awards in local history.

Instead, Judge Becky Titus this week largely upheld a $44.2 million judgment against Buford, his brother, Dan, and home builder Taylor Woodrow Inc. for cutting partner Kevin Daves and Horizon Mortgage Corp. owner N.J. Olivieri out of plans and fees tied to condos near the swanky hotel’s private Lido Key beach club.

Read original article here: Judge upholds Ritz verdict

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