Accounting Expert Vouches For RE Investor's $100M Loan

Law360, New York (August 10, 2012, 7:38 PM EDT) -- A forensic accountant testified during a New York trial Friday that documents from a 2004 nursing home transaction showed that real estate investor Rubin Schron had fully funded a $100 million loan being challenged by a former Troutman Sanders LLP attorney.

The bench trial before Judge O. Peter Sherwood has pitted Schron against former Troutman Sanders attorney Leonard Grunstein and Grunstein's business associate, Murray Forman. Grunstein and Forman have alleged that Schron never funded a $100 million loan that was part of billion-dollar 2004 nursing homes...
To view the full article, register now.