The years-long legal battle over the construction of the Loudoun Hounds stadium in Ashburn may be coming to a close. That’s what attorneys for the Virginia Investment Partnership and the One Loudoun developers told a circuit court judge on Friday. Read more here.
Tag Archives: Virginia Investment Partnership LLC
Loudoun Hounds, One Loudoun Close to Settlement
Filed under Legal, Stadium Issues
VIP, Farren Trying to Delay Trial?
A Loudoun Circuit Court judge said he would not permit further delays in the trial over a soured stadium deal between One Loudoun Holdings LLC and Virginia Investment Partnership LLC’s (VIP) led by Bob Farren, unless VIP’s attorney provides a “detailed letter” from Farren’s doctor explaining why cannot participate. Farren is reportedly undergoing cancer treatment, but One Loudoun’s attorneys have accused him of intentionally delaying the trail while he seeks an alternative location for the stadium. Read more here.
Filed under Legal
Loudoun Baseball Trial Delayed
The legal saga that has stalled Loudoun’s pursuit of professional baseball will drag on a few more months after a judge on Friday granted a nearly five-month continuance because of the ailing health of Virginia Investment Partnership LLC’s (VIP) Bob McFarren. In addition, judicial order essentially scrapped VIP’s $30 million counterclaim. Read more here.
Filed under Legal, Market & Location
Atlantic League Still Optimistic About Loudoun County
The president of the independent Atlantic League confirmed Tuesday that a membership application fee submitted by Virginia Investment Partnership LLC (VIP) led by Bob Farren has been returned, meaning another group is free to pursue the rights to an expansion franchise with the league in Loudoun County (VA). Meanwhile, VIP and Farren continue to battle legal and financial troubles. Read more here. Thanks to John Cerone for the link.
Filed under League & Franchise, Legal, Market & Location, Money & Financials
Court Documents Shed Light on One Loudoun vs. VIP
Court documents in the case pending between the developer of Ashburn’s One Loudoun and Virginia Investment Partnership LLC (VIP) offer juicy details of the legal battle that has put the brakes on construction of a new baseball stadium for the expansion Loudoun Hounds (Indy Pro, Atlantic League). A trial on the matter has been set for October. Read more here.
Filed under Legal, Money & Financials
Hounds Miss Hearing
Virginia Investment Partnership LLC (VIP), the group hat had been working to bring an indy pro Atlantic League franchise to One Loudoun, failed to show up for a hearing in a lawsuit filed by One Loudoun Holding LLC’s against VIP. It wasn’t the most significant hearing, but it is worth noting and bringing you up to speed on the Loudoun Hounds. Read more here.
Filed under Legal