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PEOPLES NAT. BANK v. FIRST UNION NAT. BANK

No. 94-2663.

667 So.2d 876 (1996)

PEOPLES NATIONAL BANK OF COMMERCE, Appellant, v. FIRST UNION NATIONAL BANK OF FLORIDA, N.A., et al., Appellees.

District Court of Appeal of Florida, Third District.

January 31, 1996.

Attorney(s) appearing for the Case

Silverio & Hall and Mark V. Silverio; Patterson, Claussen, Santos & Hume and John H. Patterson, Jr., Miami, for appellant.

Holland & Knight and Daniel S. Pearson and Jose A. Casal and Lucinda A. Hofmann, Miami, for appellees Banco Bilbao Viscaya, S.A. and Banco Exterior de Espana, S.A.

Mishan, Sloto, Hoffman & Greenberg and Carol L. Cox, Miami, for appellee USX Credit.

Murai, Wald, Biondo & Moreno and Manuel Kadre, Miami, for appellee Pan American Bank.

Before NESBITT, GODERICH and GREEN, JJ.

PER CURIAM.

The plaintiff, Peoples National Bank of Commerce [Peoples National], appeals from a final order dismissing with prejudice all causes of action against four of the named defendants in the underlying action. We affirm.

In late 1988, Southeast Bank [Southeast] made two loans, a $21 million acquisition loan and a $12 million development loan, to Orchid Island Associates Limited Partnership for the development of a luxury community in Indian River County...

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