The Daily Business Review detailed a major victory for Akerman’s litigation team. The Florida Third District Court of Appeal affirmed a res judicata analysis from a lower court that was based on a judgment issued in a Spanish court. The plaintiff sought $30 million in damages following investment efforts involving Akerman’s client, Cell Consumer Electronics Logistics, SA. The project was for a contract to handle distribution operations in Latin America for Telefonica Internacional, S.A., a Spanish telecom company. The Spanish court issued an initial judgment, which awarded the plaintiff and other co-investors close to $550,000, plus $24,000 in interest, but rejected his claim for lost profits. A Miami-Dade circuit court judge found that the Spanish judgment had already determined the resolution of several counts in the underlying Florida action, and that ruling was affirmed by the appellate court, which also rejected the plaintiff’s damages claim.
“We often see res judicata cases involving domestic litigation and enforcing judgments issued by other courts in the U.S.,” said litigation partner Francisco Rodriguez, who led the Akerman team. “But this was a res judicata analysis based on a judgment issued by the courts of Spain, and he was given full faith and credit...after we turned that judgment into a Florida judgment.”