Real Estate

A-Rod gets 13 real estate lawsuits dismissed, were filed by ex-brother-in-law

Former Yankee Alex Rodriguez could have hit a house run this time, however he may not be so fortunate subsequent time round. 

A Miami-Dade Circuit Courtroom decide dismissed 13 lawsuits towards the retired ballplayer that had been filed by his former brother-in-law, Constantine Scurtis, over their crumbling actual property ventures, in response to the Actual Deal. 

In courtroom data, A-Rod was accused by Scurtis of slicing him out of their partnership in 2008, saying that he was a “Iiar” who cheated him like he allegedly cheated on his sister, Rodriguez’s ex-wife Cynthia.

However A-Rod pushed again towards the allegations, claiming that Scurtis had stolen an estimated $1.4 million from their partnership fund. 

In a December countersuit, Rodriguez alleged that Scurtis’ lawsuit was his option to extort and harass him, in addition to an try to get out of repaying the $1.4 million he reportedly stole, reported the Actual Deal. 

Alex Rodriguez with then wife Cynthia Scurtis at the GQ Celebrates 2007 "Men Of The Year" at the Chateau Marmont Hotel on December 5, 2007 in Hollywood, California.
Alex Rodriguez with then-wife Cynthia Scurtis on the GQ Celebrates 2007 “Males of the Yr” at Hollywood’s Chateau Marmont Lodge in 2007.
FilmMagic

The lawsuits’ dismissal means A-Rod is off the hook for what may’ve been tens of thousands and thousands of {dollars} in potential damages. Nonetheless, Scurtis — who leads Texas-based multifamily investor Lynd’s acquisition arm — nonetheless has allegations towards A-Rod totaling an estimated $50 million, which might be headed to trial. That contains civil racketeering allegations towards A-Rod. 

Within the early 2000s, below Rodriguez and Scurtis’ former actual property partnership, they bought 5,000 multifamily models for a whopping $300 million in Miami, in addition to Texas, Mississippi, Indiana and Oklahoma, courtroom data present. 

Scurtis claimed in courtroom that the duo had plans to take Class C-rated residences and remodel them, together with a 782-unit luxurious condominium that was a part of their Edgewater properties, which they dubbed “Promised Land.”

Choose Michael Hanzman’s ruling comes on the heels of one other ruling which shot down an extra eight of Scurtis’ 59 counts in his 2014 lawsuit. 

In a press release to the Actual Deal, Rodriguez’s legal professional, Alaina Fotiu-Wojtowicz, mentioned they’ve a “mountain of proof contradicting” Scurtis’ accusations, including that Scurtis is uncovered to thousands and thousands extra for litigation charges. 

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