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Daily Business Review




August 21, 2008
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L-R: Patrick A. Scott, Michael Garcia Petit and Richard Williams
Fire Fee Case

Attorneys awarded a quarter of the fees they requested

By: Billy Shields

Trio that uncovered Miami’s secret settlement awarded $1.86 million in fees for handling new class
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Banking

After 3 years, U.S. Century executives return to Ocean Bank

By: Wayne Tompkins

Four executives in U.S. Century Bank’s commercial real estate department have rejoined Ocean Bank.

Real Estate

Equity One venture spends $53 million on 3 shopping centers

By: Eric Kalis

North Miami Beach shopping center investor Equity One launched a new joint venture with an affiliate of DRA Advisors LLC.

Development

Judge blocks home construction near closed golf course

By: Bud Newman

Circuit Judge Jonathan Gerber ruled that the county’s denial of Mizner Trail’s proposal did not constitute reverse condemnation, in which development is blocked without compensation.
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Public Defender

With Ostrow out, Republicans can propose new Broward PD nominee

By: Jordana Mishory

State elections spokeswoman Jennifer Davis said the state is writing the party offering it a chance to select a replacement candidate for the November general election by next Thursday.

Taxes

Judge rules Mount Sinai not responsible for residents’ FICA

By: John Pacenti

The Internal Revenue Service owes Mount Sinai Medical Center at least $2.45 million after a federal judge ruled the agency could not tax the Miami Beach hospital’s medical residents.

Lawyer Discipline

Suspended attorney’s partner testifies he hid criminal past

By: Bud Newman

Edward Cherry said in a sworn deposition that he forged — or ordered a colleague to forge — the signature of Hess’ elusive law partner Edward T. Kennedy on state documents.

Criminal Law

NCL must pay $7.4 million in Norway explosion

By: John Pacenti

The penalty comes on top of $13 million in civil penalties plus a $1 million fine.
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