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New YorkJune 19, 2026 /PRNewswire/ — David López, General Counsel of Cohen Brothers Realty Corporation, reported that the General Counsel of Cohen Brothers Realty Corporation announced that developer/entrepreneur Charles S. Cohen has paid the full balance of the judgment debt held by Fortress Investment Group after more than two years of litigation. Now that Mr. Cohen’s personal obligation to pay the Fortress judgment debt has been fully satisfied, the specter of an appointed receiver has been dispelled and rendered moot by operation of law.
Cohen was a client of Fortress for over 20 years, and many of the financings they completed generated economic returns for both parties over two decades. This relationship deteriorated in January 2024, when Cohen Brothers claimed that Fortress refused to provide loans to lending entities controlled by Cohen. Subsequently, a personal loan principal guarantee from Cohen was ruled in favor of Fortress.
“Charles Cohen has always fulfilled his personal obligations,” said López. “The repayment of the outstanding balance of the Fortress judgment is consistent with Mr. Cohen’s integrity and confirms his character as an honorable businessman.”