ANSWER TO LAW SUIT

McGeehan Pascale, PLC
Attorneys & Councellors at Law
11211 Waples Mill Rd #210
Fairfax, VA 22030
703.273.5303

Current Developments In the BLACKACRE 1031 RECEIVERSHIP

Author

John P. McGeehan is the managing member of McGeehan Pascale, PLC. His practice focuses on business structures, especially new, emerging, small businesses and not for profit organizations, all business transactions, employment law, real estate, commercial leasing, estate planning and litigation before administrative agencies and all courts.

ANSWER TO LAW SUIT

3/13/2020

On March 3, I posted that I was served with law suits by two claimants. These are in addition to the one filed by Boyars and their companies, in course of which I was appointed as the Receiver. Dennis Chapman of my firm is representing Blackacre 1031 Exchange Services LLC and we have filed an answer. On March 13, we filed a motion to consolidate the three law suits and to stay discovery and motions against Blackacre while the accountants are working on the accounts. This is an effort to contain the cost of the receivership. On March 13, I also filed a interim motion for Receiver's fees. The two motions were mailed to the attorneys who have entered an appearance or to all unrepresented (pro se) parties. The motions are scheduled for a hearing on March 27, 2020, at 10:00 A.M. before the Fairfax Circuit Court. I also filed a Second Report to the Court.

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Location

11211 Waples Mill Rd #210
Fairfax, VA 22030

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Telephone : (703) 273-5303