In an appeal arising from a complex real-estate development transaction, the firm obtained a reversal of a breach-of-promissory note judgment that had been entered against two of the firm’s clients. In achieving this victory, the firm was able to defeat the plaintiffs’ novel argument that monetary liability could be imposed on a non-signatory to a contract simply because the non-signatory benefitted from the loan proceeds that were the subject of the contract and happened to be related to the signing entity.
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Conrad FLB Managment, LLC v. Diamond Blue Int’l, Inc., 300 So. 3d 716 (Fla. 3d DCA 2019)
In an appeal arising from a complex real-estate development transaction, the firm obtained a reversal of a breach-of-promissory note judgment that had been entered against two of the firm's clients. In achieving this victory, the firm was able to defeat the plaintiffs' novel argument that monetary liability could be imposed on a non-signatory to a contract simply because the non-signatory benefitted from the loan proceeds that were the subject of the contract and happened to be related to the signing entity.