Ex-Troutman Atty's $120M Claim Can't Stop Nursing Home Deal

Law360, New York (September 7, 2012, 5:56 PM EDT) -- A New York state judge rejected the "mendacity" of a former Troutman Sanders LLP attorney and his business partner Thursday to insist that real estate mogul Rubin Schron never funded $120 million in loans, clearing the way for Schron's acquisition of a nursing home operator after a two-week bench trial.

Judge O. Peter Sherwood chucked aside arguments made by former Troutman Sanders attorney Leonard Grunstein and business partner Murray Forman that Schron never funded a $100 million loan, and a later refinancing that added another $20...
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