Morrison Cohen Represents Lender Group in Resolving Collection Action with Condo Developer
January 25, 2019 – Morrison Cohen Partners Y. David Scharf and Gayle Pollack represented a group of lenders in successfully resolving a collection action against a construction executive who was accused of misusing funds meant for a luxury New York City condominium project and failing to repay a related $4 million loan while flaunting his “lavish lifestyle” on Instagram. The matter was covered in the article “Condo Developer, Lenders Resolve NYC Loan Fight” that appeared in Law360 on January 8, 2019.
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Our dynamic bench of business litigators defends corporations and individuals in complex, high-stakes matters in courts throughout the country.
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Our Real Estate Practice is one of New York’s most prominent real estate practices, representing clients in the leasing, purchase, sale, development and financing of commercial, industrial, development and residential properties.
Our Real Estate lawyers represent individual and institutional investors and fund managers in acquiring, restructuring and foreclosing real estate loans, and in selling and leasing acquired properties.
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