September 19, 2018 News

Y. David Scharf Representing Lender Group in Collection Action to Recoup Funds and Expose Nefarious Borrower Activity

September 19, 2018 – Morrison Cohen Partner Y. David Scharf was quoted in the article “NY Developer Faces Collection Action After 'Lavish' Pics” that appeared in Law360 on September 12, 2018.  David is representing a group of lenders in a collection action that asserts a construction executive misused money meant for a luxury New York City condominium project and failed to repay a related $4 million loan while flaunting his “lavish lifestyle” on Instagram.