In an amended complaint, Side alleges that Official Partners and its founders committed multiple defaults on a $4.6 million promissory note, with a current balance of $4.2 million.
James Cinque, counsel to Official Partners, expressed disappointment over Side's actions, stating, 'We are beyond disappointed by the destructive behavior of Side towards its partner.'
The current situation takes place amid serious allegations against the Alexander brothers, with over 30 women accusing them of sexual assault or rape, leading to their temporary leave from Official.
Oren Alexander's real estate licenses in New York and Florida are currently inactive, which raises further legal complexities for Official Partners along with the loan defaults.
Collection
[
|
...
]