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PALTUCO CARIBBEAN OF FLA. INC. v. PERCY WILSON MORTG.

No. 81-1448.

419 So.2d 343 (1982)

PALTUCO CARIBBEAN OF FLORIDA, INC., Appellant, v. PERCY WILSON MORTGAGE AND FINANCE CORPORATION and National Life Insurance Company, Appellees.

District Court of Appeal of Florida, Third District.

Rehearing Denied October 8, 1982.

Attorney(s) appearing for the Case

Greenbaum, Wolff & Ernst and Woodrow "Mac" Melvin, Jr., Miami, for appellant.

Broad & Cassel and Wm. J. Gallwey, III, P.A. of Shutts & Bowen, Miami, for appellees.

Before BARKDULL, HENDRY and JORGENSON, JJ.

HENDRY, Judge.

Appellant Paltuco, plaintiff below, appeals from a summary judgment for defendants Percy Wilson and National Life Insurance Company (National) based on the trial court's determination that Paltuco's cause of action was founded on an oral agreement and was barred by the four year statute of limitations. We reverse.

The present litigation evolves from the failure of the financing for development of an...

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