Capital Square’s sale of the Maple Springs Apartments was its latest involving the tax-deferrable investment property swaps, which would be cut under the proposed American Families Act.
The $18 million wrongful termination and defamation claim filed by Michael Lowery was dismissed after the two sides “compromised.”
The former Live Well Financial CEO took the stand in his own defense this week and sobbed while describing his company’s collapse.
Matson also recently reached a settlement with the LeClairRyan bankruptcy trustee for an undisclosed sum.
The second week of the criminal trial featured testimony from bankers and former Live Well Financial employees. Michael Hild is expected to take the stand this week.
Prosecutors painted a picture of a scheme to commit fraud, but the defense argued the Live Well Financial founder had “good intent.”
The two men, who pleaded guilty to fraud charges over an alleged bond pricing scheme, are expected to take the stand against their former boss.
His attorney said the founder of Live Well Financial, accused of a bond scheme and charged with fraud, is looking forward to his day in court.
The chair of the Virginia Parole Board claims she was defamed in media reports and wants damages of $8 million. BizSense Pro members have access to the entire docket.
The legal action contesting fees paid to support the community’s Lake Chesdin Golf Club is playing out as work gets underway on a new 80-home section.
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