The Daily Business Review discussed the Jury Verdict Ayala obtained in favor of its Venezuelan client. Ayala represented the plaintiff, a Venezuelan immigrant investor, who under the promise of a phony development deal paid for the purchase price of a land contiguous to land already own by the defendant. In reliance of the promise to build warehouses in the newly acquired land (and a portion…
After nearly 3 years of contentious litigation the jury returned an award in favor of Ayala’s client. Ayala represented the plaintiff, a Venezuelan immigrant investor, who under the promise of a phony development deal paid for the purchase price of a land contiguous to land already own by the defendant. In reliance of the promise to build warehouses in the newly acquired land (and a…
Ayala filed a Class Action on behalf of its client, and as representative of an entire class of plaintiffs, at the popular Miami Mall of the Americas. The lawsuits names the Mall owners, Sterling Corporation, a conglomerate with dozens of assets nation-wide, and other related defendant, SC-Mota Associates Limited Partnership. The class action alleges that Sterling, once it signed a deal with Costco, it completely…
By Isabella Espinoza. After two years of contentious litigation, Ayala’s case on behalf of its Venezuelan client is set for jury trial in October-2018. In the case, Ayala’s client claims that the defendant, through lies and deceit, induced him to invest $250,000 on a land under the promise of a phony business enterprise. The defendant has since held the land hostage, and has received extensive…
Ayala is pleased to announce that it was retained to represent the owner of two luxury condos in Brickell, Miami in the refinance and cash out of loans that total nearly 3.8 Million dollars. “This transaction represents a great reaffirmation of our growing real estate practice, and of the confidence South American investors place in our firm’s real estate knowledge” said Eduardo A. Maura, who is…
Unjust Enrichment is a legal theory applicable when one person is enriched at the expense of another in circumstances that the law deems unfair. It is usually used when there is no valid contract or no contract at all between the parties. The elements of unjust enrichment are: (1) plaintiff conferred a benefit upon the defendant, who has knowledge of that benefit; (2) defendant accepts…
Ayala files lawsuit in the 11th Judicial Circuit of Florida against a self-declared investment adviser’s scheme targeting foreigners. As stated in the Complaint, “[Defendants] . . . held themselves out to be experienced real estate investors and investment advisers able to purchase foreclosures properties at auction, and sell them at large profits.” Under the guise of being experienced investment advisors, the Defendants persuaded the Plaintiffs,…
In a case that started as a simple eviction for possession, Ayala defeated a multiplicity of unfounded legal challenges by the relentless tenant on the property. The tenant/defendant’s counterclaims included actions for quiet title, cancellation of deed, rescission, mortgage foreclosure and the like. In the latest attempt to stop final judgment the tenant filed an emergency Motion to Set Aside the Final Judgment. Honorable County…
En mi experiencia, muchas personas en todo el mundo quieren vivir en los Estados Unidos (EE.UU.) para disfrutar de la seguridad y la estabilidad que su sistema político proporciona. En América del Sur, por ejemplo, la mayoría de las personas con alto patrimonio saben que Estados Unidos nunca tendrá alguien en el poder que amenace las estructuras democráticas del país. La fuerte estructura constitucional…
From my experience, a lot of people worldwide want to live in the United States (US) and enjoy the security and stability that its political system provides, even in the Trump era. In South America for instance, most high net worth individuals know that the US will never have a demagogue in power that threatens the democratic structures. A strong constitutional and democratic structure do…
