NASSAU SQUARE ASSOC., LTD. v. INSURANCE COM'R OF STATE OF CALIFORNIA

Nos. 90-3165, 90-3185.

579 So.2d 259 (1991)

NASSAU SQUARE Associates, Ltd. and Shl Management, Inc., Appellants, v. Insurance Commissioner of the State of California, As Conservator of Pacific Standard Life Insurance Company, Appellee. Sandalfoot Square Associates, Ltd. and Shl Management, Inc., Appellants, v. Insurance Commissioner of the State of California, As Conservator of Pacific Standard Life Insurance Company, Appellee.

District Court of Appeal of Florida, Fourth District.

May 1, 1991.


Attorney(s) appearing for the Case

Hala Mary Ayoub and Paul R. Pizzo of Fowler, White, Gillen, Boggs, Villareal and Banker, P.A., Tampa, for appellants.

Judith A. English of Carlton, Fields, Ward, Emmanuel, Smith & Cutler, P.A., Tampa, for appellee.


PER CURIAM.

These two appeals, which we sua sponte consolidate, emanate from the trial court's ruling that section 697.07, Florida Statutes (1987), should be retroactively applied. We affirm.

The collateral assignment of rents and leases, executed by the debtor in connection with a mortgage and note, granted to the creditor a security interest in the rents generated from the mortgaged property, together with the right to collect the rents upon default by the...

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