An Update on Miami-Dade’s Suit Against Jeffrey Loria
So far, at least, Jeffrey Loria’s defense against the suit filed by Miami-Dade related to his claim of no net proceeds in his sale of the Marlins isn’t going so well. Loria’s lawyers attempted to argue that the summary they turned over to Miami-Dade was legally sufficient under the stadium contract and that no further explanation was necessary. Judge Beatrice Butchko disagreed, contending that Loria’s summary was “a problem.”
Here’s why that matters: because, on a basic level, it’s never a good sign for a defendant when the judge suggests that his case has “a problem” at the beginning of proceedings. And here’s why else: the court also vacated the previously set deadline for Miami and Miami-Dade to object to Loria’s numbers — and, more importantly, opened discovery. Which means Loria now has to start turning over his financial and supporting documents to Miami-Dade attorneys.
