Merco Group, recently having failed to so much as break ground on Terzetto in Aventura, Florida and after abandoning plans to building Paladio Terrace in Palm Beach has failed to return all $10 million in deposits which were supposed to have been held in escrow by leading South Florida law firm Gunster Yoakley.� The lawsuit filed late last week alleges that the law firm, acting as escrow agent acted negligently in releasing deposits to Merco based upon Merco's representation that construction had begun, a critical threshold under the law.� Gunster Yoakley admitted they did not take steps to inspect the property offering "We're not construction supervisors, we didn't inspect the property".

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