Luxury house builder Bruce Toll lost his suit against his former son-in-law over a multimillion-dollar business deal.
Toll claimed that he and Leonard Tannenbaum had made an oral agreement that Toll’s daughter, Elizabeth Toll, would share equally in the profits from Tannenbaum’s business for which Bruce Toll had personally guaranteed $15 million in loans, according to the opinion, issued by U.S. District Judge Eduardo C. Robreno of the Eastern District of Pennsylvania.
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