Ex-Troutman Atty Loses Appeal Over Nursing Home Deals

Law360, New York (February 14, 2013, 2:36 PM EST) -- A New York state appeals court ruled Thursday that certain contract provisions don't save a former Troutman Sanders LLP attorney and his business partner from allegedly unfair deals struck with real estate mogul Rubin Schron for several senior care facility companies.

Affirming two lower court decisions, the appeals court said that Schron's Cammeby's Equity Holdings LLC could exercise an option to acquire ex-Troutman attorney Leonard Grunstein and his partner Murray Forman's SavaSeniorCare LLC, whether or not he funded a $100 million loan that had been disputed....
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