Editors’ Note:  While we love complex restructuring and insolvency proceedings, a plain old suit on a note must be handled correctly as well (that did not happen in the case below).  Jonathon Nicol in BCLP’s Kansas City office handles credit litigation around the country with expertise.  Every aspect of commercial litigation must be studied and mastered – consider this a cautionary tale, and feel free to call Jonathon to take advantage of his mastery of these topics.  

In Third Fed. Sav. & Loan Ass’n of Cleveland v. Koulouvaris, No. 2D17-773, 2018 WL 2271112 (Fla. 2d DCA 2018), Florida’s Second District Court of appeal analyzed, in the context of trial exhibit authentication, whether the note for a home equity line of credit (“HELOC”) was negotiable.

The Second District Court of Appeal considered whether it was proper for the Pasco County, Florida trial court to involuntarily dismiss Third Federal’s claim for foreclosure of a HELOC