RE Mogul Rips Ex-Troutman Atty's 'Absurd' $100M Loan Claim

Law360, New York (August 8, 2012, 5:55 PM EDT) -- Real estate investor Rubin Schron told a New York state judge at trial Wednesday that a former Troutman Sanders LLP attorney was threatening his reputation by suggesting he'd never funded a $100 million loan as part of a larger 2004 acquisition of nursing homes.

Schron testified before New York Supreme Court Judge O. Peter Sherwood that his former lawyer Leonard Grunstein and Grunstein's business associate Murray Forman had long acknowledged that the loan had been funded after they helped structure the 2004 deal, and that they'd...
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