11th Circ. Says Miami Hotel Owes $5M Interest On Mortgage

By Kat Greene · July 13, 2015, 8:35 PM EDT

The Eleventh Circuit on Monday ruled that the owner of Miami Beach's bankrupt Sagamore Hotel would have to pay more than $5 million in default-rate interest on a $31.5 million mortgage...

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Documents

Case Information

Case Title

JPMCC 2006-LDP7 Miami Beach Lo, et al v. Sagamore Partners, Ltd., et al

Case Number

14-11106

Court

Appellate - 11th Circuit

Nature of Suit

3422 Bankruptcy Appeals Rule 28 USC 158

Date Filed

March 13, 2014