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LARSEN v. ISLAND DEVELOPERS, LTD.

No. 3D99-2209.

769 So.2d 1071 (2000)

Ray LARSEN, et al., Appellants, v. ISLAND DEVELOPERS, LTD., etc., et al., Appellees.

District Court of Appeal of Florida, Third District.

Rehearing Denied November 1, 2000.

Attorney(s) appearing for the Case

Broad and Cassel, Fort Lauderdale, and David A. Freedman, Miami, and Tamara Carmichael, Miami, for appellants.

Greenberg Traurig, and Alan T. Dimond, and Elliot H. Scherker, Miami, and Elliot B. Kula, West Palm Beach, and Phillips, Eisinger, Koss, Rothstein and Rosenfeldt, Miami, for appellees.

Before JORGENSON, COPE, and RAMIREZ, JJ.

RAMIREZ, J.

This is an appeal from the dismissal of plaintiffs/appellants' derivative-action complaint based on a trial court ruling that such actions are no longer allowed in Florida for the benefit of, or on behalf of, not-for-profit corporations. We disagree and reverse.

Ray Larsen, Suzanne Bosze and others similarly situated are equity members of Fisher Island Club, Inc., a not-for-profit corporation established under chapter 617, Florida Statutes, for...

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