Legal Opinion

Scott Cleveland and Stephanie Cleveland v. Crown Financial, LLC

District Court of Appeal of Florida

Decided January 14, 2016No. 1D15-3036PublishedCited by 6 opinions

1Opinion of the CourtLewis, J.

Appellants, Scott and Stephanie Cleveland, appeal a foreclosure judgment entered in favor of Appellee, Crown Financial, LLC, raising three arguments, only one of which warrants discussion. Appellants contend that the trial court erred in its calculation of indebtedness because the parties’ Profit Sharing Agreement, expressly limited the financial advances made to Appellants by Appellee to $300,000. For the following reasons, we reverse the judgment and remand.

In March 2010, the parties, along with Marine Tank Terminal, Inc. (“MTT”), executed a Profit Sharing . Agreement (“Agreement”).…

2Cases cited11 opinions

  1. City of Homestead v. JohnsonSupreme Court of Florida · 2000
  2. Taylor v. American National BankSupreme Court of Florida · 1912
  3. Bueno v. WorkmanDistrict Court of Appeal of Florida · 2009
  4. Bank of New York Mellon v. ReyesDistrict Court of Appeal of Florida · 2013
  5. Perry v. Fairbanks Capital Corp.District Court of Appeal of Florida · 2004

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3Cited by6 opinions

  1. Scott Cleveland and Stephanie Cleveland v. Crown Financial, LLCDistrict Court of Appeal of Florida · 2017
  2. Bank of New York Mellon v. WithumDistrict Court of Appeal of Florida · 2016
  3. Mac Papers, Inc. v. Genesis Press, Inc.Court of Appeals of South Carolina · 2019
  4. Reverse Mortg. Solutions, Inc. v. NunezDistrict Court, S.D. Florida · 2019
  5. ARCPE 1, LLC v. Nationstar Mortgage, LLCDistrict Court, S.D. Florida · 2017

1 more not listed; retrieve them via the Exa API.

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