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Side has filed a preliminary injunction against Tal and Oren Alexander and their brokerage, Official Partners , that seeks to prevent them from dissipating, hiding or moving collateral for a loan that Side claims the brothers have defaulted on. They represented ultrawealthy and celebrity clients.
White-label brokerage Side is seeking more than $4 million from the Alexander brothers and the brokerage Official Partners. The balance request includes additional damages for legalfees and a jury trial. million promissory note Side extended in April. Side claims the current balance owed is $4.2
Fathom Holdings , the parent company of Fathom Realty , has joined the list of corporate brokerages to settle the commission lawsuits. Our unwavering commitment to providing excellent service to our agents, clients, and customers remains steadfast,” Marco Fregenal , the CEO of Fathom Holdings, said in a statement. “We
Dallas-based United Real Estate has joined the cohort of brokerage defendants who have settled the commission lawsuits. The brokerage said it has also agreed to adhere to certain business practice changes, which are not being disclosed at this time. As part of the settlement, United will pay $3.7 million into a settlement fund.
Sides lawsuit against Tal and Orens luxury brokerage Official Partners stems from a $4.6 The brokerage also claims that Tal and Oren Alexander refused to provide information on the collateral on the loan. The Department of Justice has asked Douglas Elliman for information on Oren and Tals time at the brokerage.
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