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Aviation Pioneer's Estate to Settle $45M Claim Against Airline
The estate of Miami aviation tycoon George Batchelor has agreed to settle for $25 million a $46 million probate court claim by the bankruptcy estate of Rich International Airways. The agreement faces opposition from some Batchelor creditors. But if approved by the probate and bankruptcy courts, it would be the first major part of the larger fight over Batchelor money to reach resolution.Sagamore owner files for Chapter 11
Citing a need to restructure its finances and an inability to work with its special servicer, the owners of the Sagamore Hotel in Miami Beach have filed for Chapter 11 bankruptcy protection.South Florida Enjoys Less Distress In Residential
South Florida's residential sector has surged thanks to a dwindling supply of available homes and aggressive price appreciation. But new foreclosure activity is on the way as cases held up by the 2010 robo-signing scandal finally move forward.Board of Contributors: Enforcing noncompete and nonsolicitation agreements in Florida
Restrictive covenants can go a long way toward protecting a company's competitive interests. But to enjoy the benefits, it is critical that employers understand the statute governing restrictive covenants.Trending Stories
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