The law firm’s bankruptcy case continues, one of its top attorneys is in prison, and Live Well Financial’s former CEO fights his fraud conviction.
2021 legal roundup: LeClairRyan, Matson, Hild dominated headlines
Law
Debt-laden airplane leasing giant has bankruptcy stopover in Richmond
Ireland-based Nordic Aviation Capital is at least the ninth big corporation to bring its bankruptcy case to Richmond’s federal court since the start of the pandemic.
Baskervill to design new Supreme Court of Virginia building
The current building at 100 N. 9th St. is slated to be replaced with a new building at 900 E. Main St. in a $155 million project.
Old Manchester bank building shifting from event venue to real estate office
Two years after it was bought at auction from embattled businessman Michael Hild, 1129 Hull St. has sold again — this time to a local residential brokerage.
LeClairRyan trustee reaches $10M settlement with firm’s former leaders
Included in the settlement is co-founder and namesake Gary LeClair and two other former CEOs. The money will be paid from an insurance policy.
Former LeClairRyan attorney Matson starts 44-month sentence immediately
A key question during Monday’s hearing was why the former attorney and bankruptcy trustee would steal millions of dollars only to let the funds sit unspent in a bank account.
‘Tremendous fall from grace’: Matson asks for 37-month prison sentence
The federal government wants the embattled former longtime LeClairRyan attorney to serve 47 months. He’s set for sentencing Nov. 22.
Smooth sailing for marina owner with suit settled and Lilly Pad blooming
Kingsland Marina’s Max Walraven has also bought a 60-foot yacht that he’s using to kickstart a boat rental and charter business.
Judge lets bankruptcy trustee pursue case against LeClair, UnitedLex
The trustee has cast LeClair as a “deceitful law firm ‘entrepreneur’ conspiring with” UnitedLex, “an opportunistic ‘global enterprise legal services provider’… to manipulate a law firm for their own gain and benefit.”
Stony Point breakfast joint files for bankruptcy but remains open
The local Eggspectation franchisee seeks protection as it tries to resolve a dispute with the corporate office of the Maryland-based chain.