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LandAmerica bankruptcy case coming to a close – for good this time richmondbizsense.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from richmondbizsense.com Daily Mail and Mail on Sunday newspapers.
The agreement effectively ends a legal scandal that began three years ago when Matson, a now-disbarred veteran Richmond attorney, was caught stealing millions of dollars from LandAmerica’s bankruptcy winddown fund while serving as the estate’s trustee. ....
The resolution is playing out through mediation but has been slowed by the difficulty of communicating with Matson while he serves his federal prison sentence in West Virginia. ....
It's the second multi-million-dollar settlement to result from the trustee's lawsuit against UnitedLex, which was initially sued in the case for $128 million in damages. ....
The federal criminal trial of the former local house flipper and the woman authorized to disburse construction draws to Romano from the lender’s bank account is set for June 6-8. ....