Fla. Appeals Court Sanctions Briarwood Capital, Counsel

Law360, Miami (September 11, 2013, 7:41 PM ET) -- Briarwood Capital LLC, Nicolas Marsch III and their counsel will have to pay attorneys' fees to Lennar Corp. and Lennar Homes of California Inc. after a Florida state appeals court imposed sanctions Wednesday for the filing of a frivolous petition for a writ of prohibition, following an earlier securities fraud suit.

The Third District Court of Appeal's ruling, remanding the case to the trial court for the award of a reasonable attorneys' fee, came a year after it had denied the petition on its merits and...
To view the full article, register now.

Dewey Verdict Watch

Follow our exclusive coverage of the trial of the year:

Dewey Trial Day 67: The Porter