Miami Strikes $20M Damages Deal Over $400M Eviction Effort

By Nathan Hale (May 9, 2019, 10:26 PM EDT) -- The Miami City Commission voted Thursday to approve a $20 million settlement agreement days before a damages trial over its failed attempt to evict the developer of a planned $400 million mixed-use project on city-owned land.

A May 13 trial date loomed to determine damages for Flagstone Island Gardens LLC and Flagstone Development Corp. following a state court's March 2018 decision that found they fully complied with lease and development agreements for a marina, hotel, and retail and parking facilities, while the city breached those agreements through a 2017 default resolution approved by the commission. The development would be located on Watson Island...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!