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LENNAR HOMES, L.L.C. v. V VENTURES, LLC

No. 3D08-984.

988 So.2d 660 (2008)

LENNAR HOMES, L.L.C., a Florida Limited Liability Company, formerly known as Lennar Homes, Inc., Appellant, v. V VENTURES, LLC, a Florida Limited Liability Company, and Fidelity Guaranty and Acceptance Corp., a Foreign Corporation, Appellees.

District Court of Appeal of Florida, Third District.

July 16, 2008.

Attorney(s) appearing for the Case

Bilzin Sumberg Baena Price & Axelrod and William K. Hill and Michael C. Foster, Miami, for appellant.

Akerman Senterfitt, and Kimberly A. Ashby, Orlando; Eric J. Vasquez, Naples, for appellees.

Before WELLS, SUAREZ, and CORTIÑAS, JJ.

CORTIÑAS, J.

Lennar Homes, LLC ("Lennar") seeks review of a non-final order denying its motion to enjoin payment on a letter of credit which lists V Ventures, LLC ("V Ventures") as beneficiary. We affirm the trial court's order.

Lennar and V Ventures entered into an option contract ("Option Contract"), which granted Lennar the option to purchase certain real property owned by V Ventures. The land was to be purchased in a series of closings conducted in...

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