December 03, 2019
The former chief legal officer of defunct law firm LeClairRyan has been ousted as the wind-down trustee of title insurer LandAmerica Financial Group after a Virginia bankruptcy court was told the attorney deposited $2.85 million in excess funds into personal accounts.
May 16, 2013
Bankrupt title insurer LandAmerica Financial Group asked a Virginia bankruptcy court Wednesday to toss a $10 million claim brought by American Capital Ltd. accusing a company subsidiary of failing to catch defects in two apartment complexes secured by loans in a risky mortgage-backed investment vehicle.
May 01, 2013
A Virginia bankrupcty judge ruled Tuesday that Experian Information Solutions Inc. must drop its conflict of interest lawsuit against the liquidation trustee in title insurer LandAmerica Financial Group's bankruptcy case, and will consider later this month whether to hold the credit report provider in contempt of LFG's Chapter 11 plan.
April 17, 2013
The liquidation trustee in LandAmerica Financial Group's bankruptcy case on Tuesday asked a Virginia federal judge to stop a conflict of interest lawsuit launched by Experian Information Solutions Inc. and sanction the credit-report provider for violating LFG's Chapter 11 plan.
January 22, 2013
The dissolution trustee for bankrupt title insurer LandAmerica Financial Group sought approval Tuesday for a $57.5 million asset sale and merger agreement between LFG and Arizona-based Western Alliance Bank in which two LFG units will be rolled into each other before being sold.
June 18, 2012
A group of insurance carriers on Friday reached a $36 million settlement with bankrupt LandAmerica Financial Group Inc.'s trustee to eliminate claims that some of the company's former directors and officers breached their fiduciary duty to the company.
April 02, 2012
LandAmerica Financial Group Inc.'s trustee asked a Virginia bankruptcy judge Monday to approve a second stab at a settlement of almost $38 million with Lloyd's of London underwriters, saying that other parties' objections to the deal have been resolved.
February 17, 2012
A $38 million settlement that a LandAmerica Financial Group Inc. trustee struck with Lloyd's of London underwriters over errors and omissions insurance policy claims would deprive other insured parties of their rights under the policy, three other insurers told a Virginia bankruptcy court Thursday.
January 26, 2012
The trustee liquidating a LandAmerica Financial Group Inc. subsidiary asked a Virginia bankruptcy court on Thursday to approve a nearly $38 million settlement with Lloyd's of London underwriters over errors and omissions insurance policy claims.
July 19, 2011
Former executives of bankrupt LandAmerica Financial Group Inc. cried foul Tuesday in Virginia bankruptcy court over an agreement to toll claims in a proposed employee class action against them, claiming they were never consulted about the matter.