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RESOLUTION TRUST CORP. v. BEAUCHAMP CONST. CO.

No. 92-1648.

615 So.2d 247 (1993)

RESOLUTION TRUST CORPORATION, etc., Appellant, v. BEAUCHAMP CONSTRUCTION COMPANY, INC., Appellee.

District Court of Appeal of Florida, Third District.

March 9, 1993.

Attorney(s) appearing for the Case

Mattlin & McClosky and George L. Sigalos, Boca Raton, for appellant.

Welbaum, Zook & Jones and Dea L. Towers, Coral Gables, for appellee.

Before NESBITT, LEVY and GERSTEN, JJ.

PER CURIAM.

Counter-defendant Resolution Trust Corporation (RTC) appeals the trial court's order awarding counter-plaintiff Beauchamp Construction Company (BCC) money damages for work performed on a construction contract. We reverse.

In 1988, Investors of Florida Savings Bank loaned Grove Peacock Plaza, Ltd. $4.5 million for the construction of a commercial facility in Dade County. As partial security for this loan, Grove Peacock gave Investors of Florida...

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