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Laws-info.com » Cases » Florida » Florida Supreme Court » 2011 » SC10-21 – Banco Industrial De Venezuela C.A., Miami Agency, Et Al. v. Esperanza De Saad, Et Al.
SC10-21 – Banco Industrial De Venezuela C.A., Miami Agency, Et Al. v. Esperanza De Saad, Et Al.
State: Florida
Court: Supreme Court
Docket No: SC10-21
Case Date: 06/09/2011
Preview:Supreme Court of Florida
____________ No. SC10-21 ____________ BANCO INDUSTRIAL DE VENEZUELA C.A., MIAMI AGENCY, et al., Petitioners, vs. ESPERANZA DE SAAD, et al., Respondents. [June 9, 2011] POLSTON, J. Banco Industrial de Venezuela, C.A., Miami Agency, and its subsidiary, BIV Investments and Management, Inc. (collectively referred to as "BIV"), seek review of the decision of the Third District Court of Appeal in Banco Industrial de Venezuela, C.A., Miami Agency v. de Saad, 21 So. 3d 46 (Fla. 3d DCA 2009).1 For the reasons expressed below, we quash the Third Districts decision. I. BACKGROUND The following facts are set forth in the Third Districts decision:

1. We have jurisdiction. See art. V,
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