Charles S. Cohen Settles Judgment Debt to Fortress Investment Group
Developer Charles S. Cohen has paid off the full balance of his judgment debt owed to Fortress Investment Group, resolving over two years of litigation and eliminating the threat of a receiver being appointed. The settlement follows a deteriorating business relationship that began in January 2024 when Cohen Brothers alleged Fortress reneged on a loan extension.
Tickers: $FORR
Topics: debt repayment litigation real estate