Office fire on Patterson sparks lawsuit between former neighbors 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 Docket: Local court roundup for 5.9.24 - Richmond BizSense 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 lawsuit’s ultimate goal is to allow the Chesterfield-based lender to take possession of the real estate, likely through foreclosure, and then sell it off to help pay down the $6 million loan balance.
After a court battle prompted by lawsuits from a general contractor and lender, American Real Estate Partners beat out Hourigan and received approval last week for its $16.5 million to purchase the stalled manufacturing facility.