Capital Development Group, LLC v. Buena Vista Terminal, LLC
After a declaratory judgment regarding a commercial real estate contract, the trial court stayed the judgment pending appeal conditioned on a $1,680,000 supersedeas bond. On review under Fla. R. App. P. 9.310(f), the Third District held the trial court abused its discretion because the order merely summarized the evidence without findings or any explanation of how the bond amount was computed, rendering it unreviewable, and remanded for redetermination applying enumerated factors for property-based bonds.
Key facts
- Capital Development Group, LLC obtained a declaratory judgment regarding a commercial real estate contract against Buena Vista Terminal, LLC in the trial court.
- The trial court stayed the judgment pending appeal and imposed a $1,680,000 supersedeas bond as a condition of the stay, but the order lacked findings of fact or explanation of how the bond amount was calculated.
- +2 more key facts with a free trial
Why it matters
This is the first Florida appellate decision to articulate the factors a trial court should consider when setting a supersedeas bond in a case where the judgment concerns real property, importing the bankruptcy-court… — full analysis with a trial
🔒 Read the full opinion, holding & search the library
The full opinion PDF, the rules the court applied, our significance analysis, the background facts, and full-text search across every tracked Florida decision are available to members. Start a free 30-day trial — no credit card.
Not ready to sign up? Get the free Friday digest — the week's key Florida decisions by email, no login required.
Florida Court Tracker provides summaries of publicly available court opinions for informational and research purposes only. This is not legal advice and does not create an attorney–client relationship. Always verify holdings against the official opinion.