Mr. Jacob Frydman’s plans for the start of a public fund-raising company by the name of United Realty Trust Incorporated is a known fact in the financial company circles since the day he has registered this name United Realty Trust Incorporated with the SEC. But now there are a few hurdles for this company United Realty Trust Incorporated in the form of law suits alleging financial fraud against Mr. Jacob Frydman. These cases relate to the time that he was connected with the management of M/s WA Route 9A. This company M/s WA route 9A has taken a loan to the tune of 600 thousand dollars from the lending firm M/s PAF Capital LLC and Mr. Jacob Frydman and the managers and members of M/s WA Route 9A have given personal guarantee for the loan amount. It seems when defaults occurred, Mr. Jacob Frydman has pleaded his inability to honor the personal guarantee by showing his account books that were suitably modified. The lending firm M/s PAF Capital LLC has agreed to take a hefty haircut in the loan repayment because of this fact in another lending of 12 million dollars to another company of Mr. Frydman by the name of M/s McDonald Ave. Acquisition LLC. In both the cases, the firm M/s PAF Capital LLC suspects financial fraud on the part of Mr. Frydman and has filed law suits claiming damage settlement of more than five million dollars. Now it is speculated that the starting of the new company may have to be put on hold till the law suits are settled one way or the other in the courts. The news reports suggest a prolonged battle in the United Realty Trust, Jacob Frydman courts will make the starting of the new firm delayed by a considerable amount of time.