Editing Fisher Island, Florida (section)

===The Fisher Island bankruptcy case===
One of the last developable parcels of land on the island, a {{convert|15|acre|adj=on}} site approved for residential development facing the shipping channel that separates the island from Miami Beach, was for a number of years subject to a protracted legal battle between [[Inna Gudavadze]], the widow of the late [[Georgia (country)|Georgian]] billionaire [[Badri Patarkatsishvili]], and investors aligned with his distant relative and former business associate, Joseph Kay.<ref>{{cite web|url=https://www.nytimes.com/2012/12/30/realestate/fisher-island-a-gilded-island-swirling-with-intrigue.html|title=Fisher Island: A Gilded Island, Swirling With Intrigue|first=Alexei|last=Barrionuevo|date=27 December 2012|website=[[The New York Times]]}}</ref>

A judgment handed down by the United States District Court for the Southern District of Florida<ref>[In re: Fisher Island Investments, Inc., and Little Rest Twelve, Inc., United States District Court For The Southern District of Florida, Case No. 12-cv-20939-KMW, 10/16.2013]</ref> on October 16, 2013, upheld in the US a previous 2010 judgment from the Supreme Court of [[Gibraltar]] that comprehensively dismissed the "wholly unconvincing" case brought by Joseph Kay.<ref>[IN THE MATTER of the trusts known as The Valmore Trust and The Summit Trust, Mr Justice Dudley, The Supreme Court of Gibraltar, Claim No. 2008 M No 70, 17 December 2009]</ref> The development then moved forward, under the supervision of Inna Gudavadze and the Patarkatsishvili family.