Thursday, July 30, 2020

Lawsuit charges Shahab Karmely and Troy Taylor for Breach of Fiduciary Duty

 On July 11, 2020, the Ivy Condo as part of the Riverfront Condos, filed a lawsuit vs.

  1. The Riverfront Master Association (managed by FSR, property manager Allan Yepez and Ivonne Herrera), 
  2. Shahab Karmely 
  3. SK Miami River, LLC
  4. Troy Taylor
  5. City Centre Yachts, LLC 

In summary charges against Troy Taylor and Shahab Karmely include:

  1. Engaging in self dealing
  2. Violating terms and provisions of the Master Convenant...deriving a profit 
  3. Unjustly deriving revenue/profits from the rental of Marina slips
  4. Engaging in various acts of self-dealing and other fraudulent conduct
The lawsuit does not charge Maria Elena Negrin or First Service Residential for now. 

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