The law firm shuffle

The rainy fall has ushered in an unseasonably high amount of firm-hopping.

Cantor Arkema will be dropping its business practice, sticking with just personal injury. The firm has been renamed Cantor Stoneburner Ford Grana Buckner. Two of the former lawyers are leaving for a firm up the street, and four others are heading to a larger business law firm. The new firm has a place-holder website up here. Read more

LandAmerica settlement hard swallow for former customers

Talk about being between a rock and a hard place.

LandAmerica’s former 1031 exchange customers can either battle themselves for the shrinking scraps of the bankrupt company or collect some money now and hope two other lawsuits recover the rest of their money.

And that second part could take years.

Around 350 customers who used the Richmond-based company have until Nov. 10 to vote on a plan that divides the bankrupt company’s current assets and lays out how future proceeds will be divided. Read more

Hurry up and wait: How much will LandAmerica’s 1031 customers recover?

The saga keeps getting worse for 450 former LandAmerica customers who last fall tried to complete a simple real estate deal and now can’t get funds they thought would be safely held for a few months by the formerly Richmond-based Fortune 1,000 company. Read more