Lehner misrepresented his ability to repay a loan of approximately $4 million in 2020. Borden contends that Lehner provided false information regarding his financial status, leading to the approval of the loan.
In addition to the loan repayment, Michael Borden is pursuing compensation for the costs associated with the legal proceedings surrounding this case. The specific fees Borden is seeking are tied to the legal process that has unfolded since the allegations of bankruptcy fraud were made.