The richmond bankruptcy lawyers Diaries
Prosecutors feel the victims dropped as many as $20 million. Moncure’s attorneys claim the quantity was significantly less.
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Monday’s bankruptcy hearing marked The 1st time Moncure did not invoke his Fifth Modification appropriate and alternatively talked into the attorneys about his belongings.
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The automaker's major merchandise may be the Endurance electric powered pickup truck, which can be created in a former Standard Motors small-automobile manufacturing unit in Lordstown for commercial buyers which include nearby governments. Lordstown offered the plant to Foxconn in 2022.
Moncure stated all through the Listening to that he wanted to assist, but he didn’t response any on the inquiries, a lot of which he described as as well “broad.” He usually responded that he didn’t know the solutions or recognize the issues.
Tavenner and Beran desired solutions about belongings they Believe may possibly exist but haven’t been unveiled by Moncure.
Mike Spector can be a correspondent at Reuters covering company crises that span bankruptcy, mass tort litigation and authorities investigations. He was the main to reveal Johnson and Johnson’s strategy to dump into bankruptcy lawsuits alleging its legendary Baby Powder triggered most cancers. He later on exposed within an investigative series how J&J and various businesses and nonprofits make use of the bankruptcy system to flee legal responsibility for lawsuits in excess of deadly solutions and sexual abuse though keeping away from filing for Chapter eleven on have a peek at these guys their own. Mike has also contributed to an award-successful Reuters sequence on pervasive secrecy in American courts that covers up evidence of fatal items.
Investigators say they located that in place of investing the hundreds of thousands in deals like land advancement for the Quantico Corporate Center in Stafford, Moncure spent The cash on unsuccessful each day inventory trades and also other transactions.
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