Troutman Sanders and a beleagured New York partner are battling a disgruntled client in a complex web of litigation in which alleged damages total more than $500 million and ownership of an Atlanta-based nursing home business said to gross more than $1 billion a year hangs in the balance.
At the center of the cases is Leonard Grunstein, who since last year has been on leave from heading Troutman’s real estate investment and capitalization practices. He took leave when the Department of Justice accused him and New York investors Murray Forman, who is Grunstein’s business partner, and Rubin Schron, one of Grunstein’s former clients, of participating in a $50 million nursing home and pharmaceutical kickback scheme.
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