Felix Erdulfo Malaga Torres v Millenium World Trade Business, LLC Et Al

On July 11, 2024, the Florida jury returned a defense verdict in favor of Millennium World Trade Business, LLC after finding Plaintiff Felix Torres's claims of breach of contract and unjust enrichment to be unfounded.

Case Background

On January 27, 2023, Felix Torres filed an action for breach of contract before the Florida State, Miami-Dade County, Eleventh Circuit Court. Judge Lisa S. Walsh presided over this case. [Case number: 2023-001445-CA-01]

Cause

On February 13, 2013, Plaintiff Felix Erdulfo Malaga Torres entered into a Purchase Agreement with New Osimo, LLC to buy two properties—a “Large Lot” and a “Small Lot”—for $3,750,000.00. To facilitate the purchase, Torres deposited $1,817,500.00 with Millennium World Trade Business, LLC, covering 48.5% of the total price. On Ap