Florida District Courts of Appeal, 1996

Interamerican Telephone Co. v. Sabina

Interamerican Telephone Co. v. Sabina
Florida District Courts of Appeal · Decided January 24, 1996 · Goderich, Nesbitt, Schwartz
666 So. 2d 598; 1996 Fla. App. LEXIS 389; 1996 WL 23616 (Southern Reporter, Second Series)

Interamerican Telephone Co. v. Sabina

Opinion of the Court

PER CURIAM.

The judgment of the circuit court confirming the arbitration award against Interameri-can Telephone Co. in the principal sum of $106,653.92, through December 8, 1994, $34.29 per diem, plus interest to accrue at the rate of twelve per cent per annum is affirmed. Insofar as the same judgment entered and directed double recovery in favor of the claimants and against the individual guarantors, it is vacated. Each guarantor is only responsible for twenty-five per cent of the corporation’s aggregate indebtedness plus accrued interest.

Affirmed in part, vacated in part, and remanded with directions.

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