Emiliano Calemzuk Involved with Foreclosure in Miami Court

MIAMI, May 4 /PRNewswire/ -- Emiliano Calemzuk, President of Fox Television Studios, a division of News Corporation's Fox Entertainment Group, fought and lost a foreclosure suit against U.S. Century Bank in Miami, Fla.

The property in question is: 8118 Harding Avenue, Miami Beach, FL 33141, a 12-unit apartment building the Calemzuks expected to convert into condominiums is now in foreclosure.

Calemzuk, along with his father Carlos Calemzuk and their company 8118 Harding LLC, have been ordered to pay a total sum of: $1,788,110.57 with interest. The sum includes: mortgage and interest still owed; court costs and other additional costs; and attorneys' fees.

The defendants attempted to delay collection efforts by having the corporate entity file for bankruptcy. A bankruptcy judge ruled that the plaintiff, U.S. Century Bank, may proceed with the foreclosure sale to be held sometime in the month of July.

"I am shocked this has actually proceeded to this point and this much money and time has been spent in litigating this foreclosure claim," said attorney Alfonso Perez, of Miami-based Rasco Klock Reininger Perez Esquenazi Vigil and Nieto, for U.S. Century Bank.

Perez added that he has hired a California law firm to pursue collection against Emiliano Calemzuk on his personal guarantee, which according to records, resides in Los Angeles, Calif.

About Rasco Klock Reininger Perez Esquenazi Vigil & Nieto

Based in Coral Gables, we are one of South Florida's premier boutique transactional and litigation law firms, representing many of South Florida's most important entrepreneurs across numerous industries and fields. The firm's practice areas include complex commercial litigation, environmental litigation, bankruptcy litigation, real estate, banking, corporate and trusts and estates; www.rascoklock.com

SOURCE Rasco Klock Reininger Perez Esquenazi Vigil & Nieto