Entries by access

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. […]

OVER QUAY RESOLVED

A lawsuit over the former Sarasota Quay property has been settled in mid-trial, paving the way for the sale and eventual development of a bayfront tract that is among the most desirable urban parcels in Florida. Under an agreement reached late Thursday afternoon, Irish Bank Resolution Corp. will be able to formalize a foreclosure against […]

20 MILLION TO CULVERHOUSE

A pair of Southwest Florida’s most prominent developers used backroom political deals with elected officials and conspired in secret meetings to doublecross their one-time partner on a major land deal, a Sarasota jury concluded on Monday. The six-member jury agreed with Palmer Ranch developer Hugh Culverhouse Jr. that fellow developers Randy Benderson and Henry Rodriguez […]

The uneasy EEZ

Back in 2010, “EEZ” was supposed to stand for Energy Economic Zone — an idea that would blaze a path toward smart growth, sustainability and jobs for Sarasota County. But by the time three big developers finished fighting over the project, it looked more like an Ego Enlargement Zone. So much for idealism. Indeed, that […]

Comparative Analysis of CISG and UCC

Expansion of the global market provides endless business opportunities and yet involves risks associated with dealing with a party from a different legal system, mentality and oftentimes foreign language. Understanding the rules of the game is a key to structuring a transaction in this “increasingly one world.” The United Nations Convention on Contracts for the […]