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San Antonio legislator dogged by claim he owes $5.5M |
2009-11-03 |
A New York finance company that lent state Rep. David Leibowitz millions of dollars for his small law practice claims the legislator failed to make payments that rose to $75,000 a month and has defaulted on $5.5 million in debt. The company, New York-based Counsel Financial Services, sued Leibowitz, and a Buffalo judge ordered him to repay the money nearly a year ago. But Leibowitz, a San Antonio Democrat who has been in the Legislature since 2005, says he didn't default on the loan. |
Posted by:Fred |