Patrick Lindsey, who pleaded guilty to accounting fraud that caused the firm to implode, has asked to serve 12 months but prosecutors are seeking 27 months.
Law
Radio giant Alpha Media ducks for cover with Richmond bankruptcy filing
It joins Guitar Center, J. Crew, Pier 1 Imports, Lord & Taylor, and many others that have filed Chapter 11 in Richmond over the last 12 months.
UnitedLex fights back against claims in LeClairRyan bankruptcy litigation
The trustee accused the legal services giant of keeping the law firm alive longer than it should have but it said she presented “a misguided narrative.”
The Docket: Local court roundup for 1.21.21
A landlord says a financial services company owes $200,000 per its lease agreement. BizSense Pro members get full access.
New president takes over at downtown law firm ThompsonMcMullan
Billy Tunner is now at the helm but Chris Malone, who joined the firm in 1981, will continue his law practice there.
Top Hits: BizSense’s most-read stories of 2020
Of the thousands of stories and millions of page views on Richmond BizSense this year, there were some that captured the attention of readers more than others.
Richmond legal industry roundup for 2020: Big bankruptcy cases, Matson and more
The federal court’s reputation lured national retailers, legal controversies unfolded and law firms made moves.
Shamin’s Short Pump Hilton headed to receivership, foreclosure
The Chester-based hotelier, which owns more than 60 hotels mostly around the mid-Atlantic, fell behind on loan payments due to the pandemic.
Connecticut firm buys Henrico-based convention supply company’s assets
“Whether it was 2,000 years ago at the Roman Coliseum or 400 years ago at a Shakespearean play, it’s just in our DNA that people need to get together,” buyer Scott Ling said of the events business.
Developer changes location of planned business incubator at center of city dispute
LaMar Dixon isn’t giving up on his long-promised business incubator, even if the building it was planned for remains in legal limbo. The local real estate agent and principal of Dixon/Lee Development Group is preparing to open Capital Station, an incubator for first-time entrepreneurs, at 1322 W. Broad St. The VCU-area storefront is about a… Read more »