Side files restraining order against Alexander brothers for allegedly moving loan collateral
White-label
brokerage
Side
keeps
turning
the
screws
on
Official
Partners
and
the
Alexander
brothers.
Side
filed
a
temporary
restraining
order
on
Wednesday
against
Tal
and
Oren
Alexander,
accusing
the
brothers
of
moving
the
underlying
collateral
on
a
loan
that
Side
extended
to
Official
Partners
prior
to
the
rape
accusations
against
the
Alexanders.
The
order
requests
that
the
Alexanders
be
prevented
from
“selling,
transferring,
dissipating,
or
otherwise
disposing
of
any
of
Defendants’
real
property
or
any
of
the
collateral”
on
the
loan.
Side
contends
that
good
cause
exists
for
the
order
because
“the
Alexanders
have
moved
the
collateral
in
violation
of
the
Note
and
Security
Agreement
and
refused
to
identify
where
the
collateral
is
located,
raising
legitimate
concerns
that
defendants
are
in
the
process
of
dissipating
the
assets
constituting
the
collateral.”
Details
on
what
the
collateral
is
and
the
nature
of
the
loan
are
redacted
in
Side’s
court
filings.
The
filing
is
the
latest
turn
in
a
lawsuit
filed
by
Side
in
October
against
the
brothers
and
Official
Partners.
Side
claims
the
defendants
have
breached
contracts
between
the
two
parties
that
were
extended
in
August
2022.
The
complaint
states
that
Official
Partners
and
the
brothers
agreed
to
pay
the
principal
sum
and
interest
on
the
loan,
and
that
Side
should
be
paid
additional
damages
related
to
legal
fees
and
a
jury
trial.
Official
Partners
and
the
Alexander
brothers
have
been
summoned
to
court
but
have
yet
to
file
anything
in
the
case.
The
defendants
couldn’t
be
immediately
reached
for
comment.
Side
did
not
respond
to
requests
for
comment
from
HousingWire.
Once
considered
superstars
in
the
New
York
City
real
estate
world,
Official
Partners
and
the
Alexanders
were
hit
with
three
lawsuits
in
the
spring
that
accused
the
brothers
of
sexually
assaulting
more
than
30
women.
In
March,
Rebecca
Mandel
and
Kate
Whiteman
filed
separate
accusations
of
rape
against
twin
brothers
Oren
and
Alon
Alexander
twin
brothers.
Tal
Alexande
is
not
a
defendant
in
these
lawsuits.
In
July,
Tal
Alexander
denied
the
allegations
in
a
suit
filed
by
Angelica
Parker
that
accused
him
and
younger
brother
Alon
of
drugging
and
raping
Parker
while
Oren
watched.
The
incident
allegedly
occurred
in
2012.
At
the
end
of
June,
Tal
and
Oren
Alexander
took
leaves
of
absence
from
Official
Partners.
Oren’s
New
York
and
Florida
real
estate
licenses
are
no
longer
active.
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