A star witness in the prosecution of former CEO Michael Hild pleaded guilty to fraud and is now scheduled to be sentenced on Dec. 17.
Bristol Development Group says its Artistry at Winterfield and Tapestry West apartments will remain on schedule.
The decision came much to the chagrin of UnitedLex, a legal services firm that is owed $8 million from LCR and is in the midst of litigation with its trustee.
The trustee also has asked to seal certain records from public view, particularly those related to former LeClairRyan general counsel Bruce Matson.
The former CEO of Chesterfield-based mortgage company Live Well Financial was found guilty of a massive bond pricing scam.
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.