Real Estate/Development
Sep. 27, 2023
Carefully parsed reply filed for client accused of $25.5M default
Axos Bank seeks judicial foreclosure of a senior care facility in Los Angeles.
The attorney for a real estate developer in Encino accused of defaulting on a $25.5 million loan admitted on Monday that his client is accused of defaulting on the loan but denied that he defaulted on the loan.
“Answering the allegations of paragraph 8 of the complaint, defendant admits that plaintiff alleges that defendant has defaulted under the loan. Except as expressly admitted herein, defendant denies each and every allegation contain...
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