“For whatever reason, he did not pay that amount and because he did not pay that amount, there was a liquidated damage provision which required him to pay an extra $275,000. He owed $250,000, plus an extra $275,000, plus interest for the month of December to January, so he owed another $6000,” said attorney Jason Goldman, who represents the plaintiff.
January 31, 2022 at 03:30 PM
4 minute read
Florida Bureau Chief
A Miami developer’s company is on the hook for about $430,000 after a Miami-Dade Circuit judge ruled against him for failing to pay a settlement to his former business partner.
Judge David Miller ordered developer Harvey Hernandez of Newgard Realty in Miami and his company NGD Homesharing to pay $961,000 to his former partner, Cindy Diffenderfer. That amount has since been reduced under a joint and several liability clause.
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