CFC OF DELAWARE LLC v. SANTALUCIA

No. 4D11-3526.

CFC OF DELAWARE LLC, Appellant, v. TERESA SANTALUCIA, individually and as Settlor of the 2007 Teresa Santalucia Irrevocable Trust, AIDA SANTALUCIA, individually and as Beneficiary of the 2007 Teresa Santalucia Irrevocable Trust, BANYAN LIFE FINANCIAL, LLC, a Florida limited liability company, JON KIDD, individually, BNC NATIONAL BANK, and LINCOLN NATIONAL LIFE INSURANCE COMPANY, an Indiana corporation, Appellees.

District Court of Appeal of Florida, Fourth District.

June 13, 2012.


Attorney(s) appearing for the Case

Hala Sandridge of Fowler White Boggs P.A., Tampa, Terrence Russell and S. Carey Villeneuve of Fowler White Boggs P.A., Fort Lauderdale, for appellant.

Jack Scarola of Searcy Denney Scarola Barnhart & Shipley, P.A., West Palm Beach, for appellees Teresa Santalucia and Aida Santalucia.


HAZOURI, J.

CFC of Delaware LLC ("CFC") appeals an order denying its motion to compel Teresa Santalucia ("Santalucia") and her daughter to submit their claims to arbitration. The agreement to arbitrate is contained within a loan agreement between CFC and Santalucia to finance payments of premiums on two $10 million life insurance policies that were intended to pay her estate taxes upon her death.

In its order denying CFC's motion to compel arbitration the...

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