John Hasan Ruiz, 5040 N.W. 7 th St., Ph. 1, Miami, publicly reprimanded following a Nov. 18, 2011, court order. (Admitted to practice: 1992)
A tenant fell and was injured at an apartment complex owned by Ruiz. When she asked for insurance information, Ruiz told her that the co-owner had allowed the insurance policy on the property to lapse, and therefore, that the apartment was uninsured. Ruiz subsequently sold the apartment for more than $2 million and received $375,000 of income from the closing. When the tenant's case went to trial, Ruiz failed to disclose that he was a director and 50 percent shareholder of the owner corporation, and that the corporation had sold its only asset, the apartment complex.
The court subsequently ruled in the injured party’s favor, and Ruiz paid her judgement and attorneys fees in excess of $200,000 from his personal funds. (Case No. SC11-1011)
0 comments:
Post a Comment