J.E. BLEY OVERSEAS TRADE OF SOUTH FLORIDA, INC., etc. v. IMMOKALEE REAL ESTATE HOLDINGS, LLC, etc.

Third District Court of Appeal State of Florida

Opinion filed February 16, 2022. Not final until disposition of timely filed motion for rehearing.

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No. 3D21-0462 Lower Tribunal Nos. 17-26820, 20-4426 ________________

J.E. Bley Overseas Trade of South Florida, Inc., etc., et al., Appellants,

vs.

Immokalee Real Estate Holdings, LLC, etc., Appellee.

An Appeal from the Circuit Court for Miami-Dade County, David C. Miller, Judge.

BLU Ocean Law Group, P.A., and Nashid Sabir; David J. Winker, P.A., and David J. Winker, for appellants.

Douglas H. Stein, P.A., and Douglas H. Stein, for appellee. Before FERNANDEZ, C.J., and GORDO and BOKOR, JJ.

PER CURIAM.

Affirmed. St. Petersburg Bank & Tr. Co. v. Hamm, 414 So. 2d 1071, 1073 (Fla. 1982) (outlining specific methodology for computing interest pursuant to section 687.03(3), Florida Statutes); Rebman v. Flagship First Nat’l Bank of Highlands Cty., 472 So. 2d 1360, 1363 (Fla. 2d DCA 1985) (finding that escrow account used as interest reserve was properly excluded from usury calculation).