LALLY GMC GMC v. SANDHU (2021)

District Court of Appeal of Florida, Fifth District.

Rajinder LALLY, REsham S. Lally, Lally Orange Buick Pontiac GMC, Inc., and Iyfrd Holdings, Inc., n/k/a Orange Buick GMC, Inc., Appellants, v. Simi SANDHU, Appellee.

Case No. 5D20-2277

Decided: October 22, 2021

Jennifer S. Eden, and Christina Y. Taylor, of Latham, Luna, Eden & Beaudine, LLP, Orlando, for Appellants. Jennifer R. Dixon, and Richard S. Dellinger, and Melody B. Lynch, of Lowndes, Drosdick, Doster, Kantor & Reed, P.A., Orlando, for Appellee.

Appellants, Rajinder Lally, Resham S. Lally, Lally Orange Buick Pontiac GMC, Inc. (“LOB”), and IYFRD Holdings, Inc., n/k/a Orange Buick GMC, Inc., appeal the trial court's Amended Final Judgment which valued Appellee's, Simi Sandhu, interest in LOB at $1,678,000. Appellants challenge the trial court's adoption of the valuation provided by Appellee's appraiser and its determination that shareholder loans should be treated as equity rather than debt in calculating the valuation. We affirm in all respects, with one exception. Appellants challenge the trial court's award of attorney's fees to Appellee. Because the trial court only determined entitlement to attorney's fees and did not determine the amount of fees, the issue of attorney's fees is not ripe for appellate review. See Miller v. Miller, 294 So. 3d 1021 (Fla. 5th DCA 2020). Therefore, we dismiss the portion of Appellants' appeal challenging the finding of entitlement to attorney's fees.

AFFIRMED in part; DISMISSED in part.

HARRIS, J.

EVANDER and EISNAUGLE, JJ., concur.

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