Legal Opinion

Iberiabank v. RHN Investments, LTD

District Court of Appeal of Florida

Decided July 30, 2014No. 4D14-1330PublishedCited by 1 opinion

1Per curiam

Iberiabank, a Louisiana State Bank, petitions for a writ of prohibition to prevent the trial court from ruling on the borrowers’ motion to determine the reasonableness of the bank’s attorney’s fees. We agree with the bank that the trial court lost jurisdiction when the bank voluntarily dismissed its foreclosure action.

The bank sued the borrowers, RHN Investments, Ltd., RHN Investments, Inc., and Raymond H. Nordine, to foreclose on real property following a breach of three commercial loans. Two short sales of the property occurred while the foreclosure action was pending. After the first sale,…

2Cases cited3 opinions

  1. Pino v. Bank of New YorkSupreme Court of Florida · 2013
  2. Tobkin v. StateDistrict Court of Appeal of Florida · 2001
  3. Service Experts, LLC v. Northside Air Conditioning & Electrical Service, Inc.District Court of Appeal of Florida · 2010

3Cited by1 opinion

  1. Ditech Holding CorporationUnited States Bankruptcy Court, S.D. New York · 2024

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