When a real estate contract fails to close, disputes over the binder deposit may arise. In such cases, an escrow agent can initiate an interpleader action, seeking court intervention to determine who is entitled to the funds, while recovering their attorneys’ fees and costs. Understanding this process is crucial for all parties involved in failed real estate purchases.
Discover the FTC’s proposed rule on noncompete agreements and its impact on career mobility. Stay informed for important updates and adjust corporate contracts accordingly.
Uncover the complexities of failed real estate transactions and disputes over binder deposits. Learn who gets the deposit, mediation requirements, and the role of interpleader actions.
Featured in the May 2023 Issue Partner’s Perspective: The Power of Giving Back: Making a Difference On and Off the Field Power of Giving Back: Jimerson Birr’s Commitment to Honoring Excellence in Mock Trial Celebrating Our Dedication and Giving: A Special Tribute to Dean Laura Rosenbury and UF Levin College […]
Learn about the major changes made to Florida tort law with the passing of HB 837, including the shift from pure to modified comparative negligence. This change will have significant implications for damages allocation in all negligence claims.
Featured in the April 2023 Issue Partner’s Perspective: The Future of Jacksonville and Embracing Change in Life and Law Jimerson Birr hosts Judicial Panel of Circuit Court Judges Blog Highlights Curiosities, Ruminations and Various Eccentricities of Firm Biz READ NEWSLETTER
HB 837, signed into law in March 2023, brings significant changes to Florida’s bad faith insurance framework. Learn about the new safe harbor provisions and duties for insureds and claimants.
Learn how Florida’s tort reform, HB 837, signed into law by Governor DeSantis, has cut the statute of limitations for negligence claims in half. Discover what this means for plaintiffs and defendants in this blog.
Learn about mandatory mediation for certain disputes in Florida before filing a lawsuit, and the special requirement for written settlements reached in mediation. The recent Parkland Condominium Association Case sets an example of the importance of parties, attorneys, and mediators ensuring all parties sign a settlement agreement for it to be enforceable. Discover the details of this case and the general rule of law in Florida that favors enforcing settlements whenever possible.
Featured in the March 2023 Issue Partner’s Perspective: A Real Estate Attorney’s Take on the Current Real Estate Market and Trends Managing Partner, Charles Jimerson, joins Veteran Owned Business Panel Blog Highlights Curiosities, Ruminations and Various Eccentricities of Firm Biz READ NEWSLETTER