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.