Empire Developers Group, LLC v. Liberty Bank
District Court of Appeal of Florida
1Opinion of the Court
CRENSHAW, Judge.
Empire Developers Group, LLC, Richard B. Melson, Amy Melson, William L. Slavieh, and Brenda Slavich (collectively referred to as Empire) appeal a final deficiency judgment entered against them in favor of Liberty Bank in the amount of $2,657,219.72. Because the deficiency judgment is not supported by competent, substantial evidence as to the fair market value of the property at the time of foreclosure sale, we reverse and remand for further proceedings.
In July 2009, Liberty Bank brought an action against Empire for the foreclosure of nine residential condominium units. A final…
2Cases cited5 opinions
- Morgan v. KellyDistrict Court of Appeal of Florida · 1994
- Community Bank of Homestead v. ValoisDistrict Court of Appeal of Florida · 1990
- Shaw v. Charter BankDistrict Court of Appeal of Florida · 1991
- Coral Gables Federal Sayings & Loan Ass'n v. Whitewater Enterprises, Inc.District Court of Appeal of Florida · 1993
- Estepa v. JordanDistrict Court of Appeal of Florida · 1996
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