A Miami real estate agent and blogger was sued last week by a real estate developer for $25 million, according to the Miami Herald.

Developer Tibor Hollo filed a defamation lawsuit against Miami real estate agent Lucas Lechuga, who claimed in his popular blog — Miami Condo Investments — that Hollo went bankrupt in the 1980s and that one of his current South Florida developments could be headed for bankruptcy, according to Inman News.

“My opinion is that this development is doomed,” wrote Lechuga on Jan. 10, predicting on the blog that at least half of the buyers in the 635-unit Opera Tower at 1750 Bayshore Drive would default and the units would be taken over by the lender.

Lechuga, who worked for the prestigious Coral Gables brokerage firm of Esslinger-Wooten-Maxwell, lost his job over the postings, the Miami Herald reported.

The Miami Herald reported Hollo as saying: “I guess when you’re running a blog [you] think [you] can say anything about anybody, and that’s just not true.” He called the postings “plain, unadulterated lies.”

ForeclosurePulse Bloggers: Does the threat of lawsuits endanger the First Amendment rights of Internet bloggers or does a developer have the right to sue whoever they feel has defamed them?