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LALLY GMC GMC v. SANDHU (2021)

District Court of Appeal of Florida, Fifth District.2021-10-22No. Case No. 5D20-2277

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Opinion

Appellants, Rajinder Lally, Resham S. Lally, Lally Orange Buick Pontiac GMC, Inc. (“LOB”), and IYFRD Holdings, Inc., n/k/a Orange Buick GMC, Inc., appeal the trial courts Amended Final Judgment which valued Appellees, Simi Sandhu, interest in LOB at $1,678,000. Appellants challenge the trial courts adoption of the valuation provided by Appellees appraiser and its determination that shareholder loans should be treated as equity rather than debt in calculating the valuation. We affirm in all respects, with one exception. Appellants challenge the trial courts award of attorneys fees to Appellee. Because the trial court only determined entitlement to attorneys fees and did not determine the amount of fees, the issue of attorneys fees is not ripe for appellate review. See Miller v. Miller, 294 So. 3d 1021 (Fla. 5th DCA 2020). Therefore, we dismiss the portion of Appellants appeal challenging the finding of entitlement to attorneys fees.

AFFIRMED in part; DISMISSED in part.

HARRIS, J.

EVANDER and EISNAUGLE, JJ., concur.