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ESTATE OF VERNON v. SHEARSON LEHMAN BROS., INC.

No. 90-3399.

587 So.2d 1169 (1991)

ESTATE OF Harold VERNON, Alan Vernon, Ted Vernon and Melinda Vernon, Appellants, v. SHEARSON, LEHMAN BROTHERS, INC., Appellee.

District Court of Appeal of Florida, Fourth District.

Rehearing Denied November 21, 1991.

Attorney(s) appearing for the Case

Michael A. Hanzman and Paul M. Bunge of Zack, Hanzman & Ponce, P.A., Miami, for appellants.

Stanley A. Beiley and Edward H. Davis, Jr., of Paul, Landy, Beiley & Harper, P.A., Miami, for appellee.

POLEN, Judge.

Harold Vernon, deceased, had an account with Shearson Lehman Brothers (Shearson) in his own name and one in which he was a 50% partner. Shearson claimed that at the time of Mr. Vernon's death there were some unsettled margin debts on the accounts. Shearson then failed to file its claim on Mr. Vernon's estate within the time parameters set out in section 733.702, Florida Statutes (1989), and when the claim was filed Shearson argued that an arbitration...

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