The settlement wraps up one of the most high-profile disputes to result from the law firm’s collapse in September 2019 and captures another large pool of funds for the firm’s creditors.
The Scott’s Addition-based used car consignment company has hit nonstop speedbumps since going public through a SPAC deal last year.
McGonigle, founded in 2010 by a group of attorneys from LeClairRyan, is merging into Davis Wright Tremaine in a deal that includes an office in Innsbrook.
A Pennsylvania-based company is the new owner of the Acorn name and has begun to open a new office and hire back some of the company’s former employees.
As work continues on the redevelopment of the Art Deco-style former tobacco factory in South Richmond, they seek a jury trial and damages of at least $4 million from Chris Harrison.
The former LeClairRyan attorney is incarcerated in West Virginia, but the successor trustee on the case continues to pursue a lawsuit against him seeking hundreds of thousands in damages.
The lawsuit claims the university owes $240,000 for 10 months of back rent but VCU says the landlord failed to meet the lease terms.
The Richmond outposts of two soon-to-merge Virginia law firms won’t have far to go when it comes time to combine their local operations.
It’s the second multi-million-dollar settlement to result from the trustee’s lawsuit against UnitedLex, which was initially sued in the case for $128 million in damages.
The embattled Richmond businessman faces a combined maximum of 115 years in prison on counts including securities fraud, mail fraud and bank fraud.
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