Fla. Hotel Asks Full 11th Circ. To Rethink $5M Interest Ruling
By Maya Rajamani ( August 19, 2015, 10:38 PM EDT) -- The owner of Miami Beach's bankrupt Sagamore Hotel on Tuesday asked the Eleventh Circuit for a full-panel rehearing or clarification after a ruling ordering it to pay more than $5 million in default-rate interest on a $31.5 million mortgage loan it missed a payment on in 2009, saying there was evidence the court overlooked....
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