BLEY OVERSEAS TRADE OF SOUTH FLORIDA INC v. IMMOKALEE REAL ESTATE HOLDINGS LLC (2022)

District Court of Appeal of Florida, Third District.

J.E. BLEY OVERSEAS TRADE OF SOUTH FLORIDA, INC., etc., et al., Appellants, v. IMMOKALEE REAL ESTATE HOLDINGS, LLC, etc., Appellee.

No. 3D21-0462

Decided: February 16, 2022

Before FERNANDEZ, C.J., and GORDO and BOKOR, JJ.

BLU Ocean Law Group, P.A., and Nashid Sabir; David J. Winker, P.A., and David J. Winker, for appellants. Douglas H. Stein, P.A., and Douglas H. Stein, for appellee.

Affirmed. St. Petersburg Bank & Tr. Co. v. Hamm, 414 So. 2d 1071, 1073 (Fla. 1982) (outlining specific methodology for computing interest pursuant to section 687.03(3), Florida Statutes); Rebman v. Flagship First Nat'l Bank of Highlands Cty., 472 So. 2d 1360, 1363 (Fla. 2d DCA 1985) (finding that escrow account used as interest reserve was properly excluded from usury calculation).

PER CURIAM.

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