When partnerships go bad

A local bank got caught up in the middle of a dispute between two business partners and is now on the receiving end of a $1.35 million lawsuit.

Agency takes a closer look through its black eye

As a result of the hit developer Justin French allegedly gave a governmental program that awards tax credits for historic rehabilitation, a local agency is changing some of its protocols.

LeClairRyan rings in the year loud and clear

The Richmond law firm announced Monday the addition of more than 35 attorneys and employees across the country and a new office in Rochester, N.Y.

Md. man admits embezzlement from Richmond employer

A Maryland man plead guilty to mail fraud related to a scheme in which he embezzled $370,000 from his employer, Richmond headquartered K Line America. Timothy Kany Sr., 49, worked as a manager in K Line’s Baltimore office. K Line America is the U.S. subsidiary of the Tokyo-based ocean cargo company. According to his guilty… Read more »

Economic intrigue?

A local economic research firm has filed a $30 million lawsuit against another local economist and several other defendants, alleging that they conspired to misuse trade secrets to develop a competing research product.

French charges postponed until January

A hearing to present the state’s case against developer Justin French on multiple fraud charges will be continued until next year.

Embezzlement scheme is a kick in the pants

Sometime the very people hired to prevent malfeasance are the ones up to no good. That seems to be what happened to a local association of physicians, which was the victim of a two-year embezzlement scheme, according to a recent lawsuit.

Markel Corp. breaks silence on French

The Markel Corporation said in its first public statements about its involvement with Justin French that it made a mistake in doing business with him. “We didn’t do a very good job of vetting him,” company chairman and chief executive Alan Kirshner said in an article published in this month’s Virginia Business magazine. “We made… Read more »