Heirs of a German businessman won a victory Wednesday in their quest to recover $91 million they say was misappropriated by an in-law, Miami Beach developer Thomas Kramer.
Siegfried Otto’s heirs will be allowed to pursue claims against SwissPartners Investment Network Ltd. over a $12 million mortgage on a Star Island luxury home. Miami-Dade Circuit Judge Daryl Trawick initially dismissed the claims because the heirs did not show good cause for failing to serve SwissPartners with their complaint until 10 years after it was filed.
This content has been archived.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]
