Vannamei Corp. v. Elite International Telecommunications, Inc.

SHEVIN, Judge.

Vannamei Corporation appeals a final judgment in favor of defendant, Elite International Telecommunications, Inc., finding that Vannamei was part of a joint venture and not entitled to recover against Elite. We reverse.

Contrary to Elite’s assertions, the final judgment’s finding that a joint venture existed is not supported by competent substantial evidence. “The [joint venture] relationship must arise out of a contract, express or implied. Such a contract is an indispensable prerequisite” to the venture’s existence. Kislak v. Kreedian, 95 So.2d 510, 515 (Fla.1957). Elite, the…