$750K Judgment in Yearlong Case
WILTON MANORS — After a ruling this fall by Broward County Circuit Court Judge Mark Gold, a Consent Final Judgment has been issued requiring the payment of $750,000 damages by Matty’s on the Drive to plaintiffs Jackson Padgett and Mark Negrete, the owners of Georgie’s Alibi.
The case made headlines this fall as part of the backdrop from other legal actions between Padgett and Negrete and Terry Norman and George Kessinger, the former owners of the Alibi, and one of whom, Norman, is a principal in Matty’s, which opened in 2008 at the north end of Wilton Drive.
In February, another judge ruled that Norman and Kessinger and Norman had made knowing fraudulent misrepresentations of material facts in their sale of the Alibi to Padgett and Negrete, which entitled them to $255,000 in damages.
In his ruling, Judge Gold found that Norman, who is listed as an officer of Matty’s on the Drive’s operating entity (NAG Bar, LLC), violated a non-compete agreement he had with Padgett and Negrete when he entered into a business relationship with Matty’s.
According to the judgment, the $750,000 judgment against Matty’s and Norman resulted from “intentional, malicious, and wilful acts” to harm the plaintiffs. It also says that Norman and Matty’s agreed to the terms of the judgment’s settlement.