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BANCO INDUSTRIAL DE VENEZUELA v. DE SAAD

No. SC10-21.

68 So.3d 895 (2011)

BANCO INDUSTRIAL DE VENEZUELA C.A., MIAMI AGENCY, et al., Petitioners, v. Esperanza DE SAAD, et al., Respondents.

Supreme Court of Florida.

Rehearing Denied August 17, 2011.

Attorney(s) appearing for the Case

Carol A. Licko , Richard C. Lorenzo , Mark R. Cheskin , and Brian L. Lerner of Hogan and Hartson, LLP, Miami, FL, and Jessica L. Ellsworth of Hogan and Hartson, LLP, Washington, D.C., for Petitioner.

Dinah Stein , Mark Hicks , and Shannon Kain of Hicks, Porter, Ebenfeld and Stein, P.A., Miami, FL, William L. Petros of Petros and Elegant, Coral Gables, FL; H. Eugene Lindsey, III of Katz Barron, Squitero, and Faust, Miami, FL, William L. Richey and Catherine Shannon Christie of William L. Richey, P.A., Miami, FL, for Respondents.

POLSTON, J.

Banco Industrial de Venezuela, C.A., Miami Agency, and its subsidiary, BIV Investments and Management, Inc. (collectively referred to as "BIV"), seek review of the decision of the Third District Court of Appeal in Banco Industrial De Venezuela, C.A., Miami Agency v. de Saad, 21 So.3d 46 (Fla. 3d DCA 2009).1 For the reasons expressed below, we quash the Third District's decision.

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