The settlement frees the real estate firm from any future liability related to the 2018 collapse of its construction subsidiary. It also helps to potentially free up more money to be paid to creditors.
Left hanging by the collapse and bankruptcy of MGT Construction, a local developer is now suing an insurance company for allegedly not holding up its end of the deal on an apartment rehab in North Carolina.
Embattled local businessman Michael Hild last week bought himself some extra time to respond to civil claims filed against him by the federal government.
A resolution has been reached after a breakup within a local marketing agency earlier this year spawned a competing firm and a lawsuit in Richmond Circuit Court.
Looking to live up to a family lineage of entrepreneurial attorneys, a veteran local health care attorney has struck out on his own after more than 20 years at the same firm. And he’s brought a group of lawyers along for the ride.
For its first office outside its hometown of Roanoke, a 25-year-old law firm is setting up shop in Innsbrook after luring a local attorney over from a rival. It’s also in talks to grab some of the furniture left behind at LeClairRyan’s downtown office.
The battle between LeClairRyan and one of its former attorneys continues, even as the law firm has collapsed into bankruptcy.
Soon after he got his law degree from the University of Richmond, Brian Pitney, now an attorney and shareholder at Sands Anderson, said he felt compelled to pick back up what he had dabbled with and left in high school art class: ceramics.
“Not only is this case not fully resolved, it is nowhere close to being resolved,” court filings state.
Capping a busy summer of legal moves in the Richmond market, an out-of-town law firm has opened its first Virginia office in Innsbrook.