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CHASE FEDERAL BANK v. KIM

District Court of Appeal of Florida, Fifth District.
Sep 4, 1992

PER CURIAM.

Chase Federal Bank seeks certiorari review of a partial summary judgment which in essence held that a variable interest rate note tied to the interest rate of United States Treasury Notes was not for a "sum certain" and for that reason not negotiable, and therefore Chase Federal could not be a holder in due course.

See section 673.104, Florida Statutes, prior to the 1991 amendment to section 673.106, Ch. 91-70, Laws of Fla. See also Ch. 92-82, Laws of Fla.

We deny the petition for certiorari not because such a variable interest rate note is not negotiable but because the issue should be raised in a direct plenary appeal from a final judgment and does not justify certiorari review of a non-final partial summary judgment.

DENIED.

GOSHORN, C.J., and COWART and PETERSON, JJ. concur.