Developer Justin French’s downward spiral finds him facing up to three decades in prison for abusing state and federal tax credit programs.
Law
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.
Bank tries to build on French’s shaky foundation
The lender on an apartment project wants to finish what formerly high-flying developer Justin French started.
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.
Creditors win judgments against French, but will there be any money?
Just before he is due to appear in court on multiple fraud charges, formerly high-flying developer Justin French was hit last week with two default judgments against him totaling almost $2 million for failing to repay loans.
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.