Creditors seeking title to a Bahamian island the late interior designer of Gianni Versace’s mansion sold to a Coral Gables developer facing bank fraud charges may find their legal action is better in the Bahamas.
New York-based Hotel 71 Mezz Lender LLC and Carbon Capital II garnished the estate of designer James Wallace Tutt III and targeted his $2.9 million sale of the one-acre Caribe Cay to developer Guy Mitchell. The central issue was whether the sale had been completed. A done deal would leave Tutt’s estate no longer subject to garnishment.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
