Thursday, March 5, 2020

Court OKs Sale of Lane Home

A Rankin County court approved the sale of David L. Lane's Ridgeland home for $293,000.  The proceeds from the sale will be deposited with the court.


Ridgway Lane manages homeowners associations.  David L. Lane and David W. Lane are the President and Vice-President of the company.  Eleven  homeowners associations sued Ridgway and the Lanes in Rankin County Circuit Court, alleging the defendants embezzled over two million dollars from accounts they managed for the HOA's. A list of the lawsuits and alleged embezzled amounts is posted below. The HOA's accuse the defendants of embezzling over $2.3 million from their accounts.  The lawsuits charge the defendants with breach of contract, conversion, unjust enrichment, negligence, civil theft, and breach of fiduciary duty.  Circuit Judge Dewey Arthur consolidated all of the lawsuits. 

The courts froze the assets of the defendants.  Neither Lane can sell his home without the court's consent.   The Court approved the sale of David L. Lane's home on 106 Alicetown in Ridgeland.  It is jointly owned by Lane and his ex-wife.  Lane and Pamela Lane divorced in February. The contract sale price is $293,000. A deed of trust for $150,000 was issued for the home in 2014 by Fidelity Bank in Baton Rouge.  





Note: The Lanes are accused of embezzling from the following HOA's:

Bridgewater 2: $343,938
Bridgewater: Over 500,000
Dinsmor: $217,782
Barrington: Hundreds of thousands of dollars (An estimate of $200,000 will be used in the total as a minimum).
Bruenburg: $188,330
Oakhurst:  $168,000
Diplomat: $28,000
Palisades: $87,000
Eastbrooke: Over $500,000
Timbers: Over $90,000
Wrenfield: $9,000

Earlier Ridgway Lane posts
David W. Lane's default judgment withdrawn.  
Ridgway Lane cases consolidated.  
 Bridgewaters sue Lakebend.
Baby Lane Blames Papa Lane.  
Bruenburg Discovers More Missing Funds 
Injunctions issued against Ridgway Lane & the Lanes.  
Contempt for Lanes?
Ridgway Lane Update: Timber! 
Lane responds.
Eastbrooke: Lanes stole over $500,000.  
Oakhurst sues Ridgway Lane 
Payroll company sues Ridgway lane 
Ridgeway Lane Update, TRO's Extended  (Lynch Mob Edition)
Bruenburg Sues Ridgway Lane 
St. Ives Escapes 
Add Stonebridge to Ridgway Lane List 
King Kenny Rulz, Bridgewaters get freeze.  
Lawsuit: Lane Confessed 
Dinsmor losses over $200,000 
On deck: Bruenberg 
Up next: The Barrington.  
Bridgewater goes for freeze, Bridgewater at Old Agency says RL embezzled over $340,000 
Palisades plundered.  
Dinsmor HOA discoveres "irregularitites."  
Bridgewater accuses HOA manager of embezzlement. 




20 comments:

Anonymous said...

A modest home for a big time swindler- where did the $ go?

Anonymous said...

I’m Just thinking out loud, but I would have thought he would have had a home much larger and valued a great deal more. Not to say the home is not nice at $293k, but I would have assumed he would have a home valued at much much more due to it being a status symbol. $293k is not a rather large amount and it surprises me. Am I looking at this wrong? Maybe I’m comparing apples to oranges with the Lamar Alexander case with a 1,000,000 home

Anonymous said...

Didn't he buy or have a contract on a house in a gated NE Jackson house that went sour once that came out and it fell through near RHC?

Anonymous said...

Strikes me that they bled these HOAs for smallish amounts over a long period of time. Therefore, my guess is the money supported lifestyles beyond the means of regular pay.

Anonymous said...

Looks much nicer than the Madison County jail, which is where he ought to be sitting right now.

Anonymous said...

I wonder why Pamela divorced him?

Home Listing Here said...

When someone is (allegedly) embezzling money, it is prudent not to exhibit conspicious consumption and draw attention to yourself.

A $300,000 home is not a shack, but also not a McMansion. It was originally listed for $325,000. This is a firesale. It's a nice home.

Anonymous said...

10:10, I think you .... and most people .... know why she divorced him. Asset protection.

Anonymous said...

10:25. That and the realization that she was married to a thief!!!

Anonymous said...

She gets her half, and a lawyer gets his half.

Anonymous said...

Yes he had contract on a house in Northeast Jackson bc he liked to be seen with the northeast Jackson elite cool crowd at that tennis club and eastover area. However, it fell apart for obvious reasons once then cameout

Anonymous said...

10:49 Who got the earnest money on the River Hills cancelation???

Anonymous said...

The Chicago condo is up next.....

Anonymous said...

@ 10:59 I assume he still hangs out at the tennis club.

Anonymous said...


I haven't kept up with this situation, have these guys been indicted? If not, why not?

Anonymous said...

Many Bridgewater I roadways sit in disrepair - plus a foot or more of standing water unable to go into stopped up storm drains like on Bridgeview Circle near Bridgewater Crossing. You need a boat to navigate that intersection. The water finally trickles into the drains in a day or two. No one does anything. The money has been wasted. Sad.

Anonymous said...

Many people are saying Bridgewater is a wasteland with roads worse than those in Jackson. Sad!

Anonymous said...

It has really impacted BW - at least the original areas - just a drive through makes that clear. So unjust for all the HOA's where people trusted their annual dues were being managed and protected.

Anonymous said...

5:36; After about three years of that, why didn't those folks go to the community tool-shed and arm-up with pitchforks, torches and hoe-handles? Were they ALL pussies? Had none ever played high school football?

Anonymous said...

I think some of you are getting the Lanes mixed up. David "Jr.", who is married to Bethany, had the contract in Petit Bois. And I believe their home is in Canton, not Ridgeland.


Recent Comments

Search Jackson Jambalaya

Subscribe to JJ's Youtube channel

Archives

Trollfest '09

Trollfest '07 was such a success that Jackson Jambalaya will once again host Trollfest '09. Catch this great event which will leave NE Jackson & Fondren in flames. Othor Cain and his band, The Black Power Structure headline the night while Sonjay Poontang returns for an encore performance. Former Frank Melton bodyguard Marcus Wright makes his premier appearance at Trollfest singing "I'm a Sweet Transvestite" from "The Rocky Horror Picture Show." Kamikaze will sing his new hit, “How I sold out to da Man.” Robbie Bell again performs: “Mamas, don't let your babies grow up to be Bells” and “Any friend of Ed Peters is a friend of mine”. After the show, Ms. Bell will autograph copies of her mug shot photos. In a salute to “Dancing with the Stars”, Ms. Bell and Hinds County District Attorney Robert Smith will dance the Wango Tango.

Wrestling returns, except this time it will be a Battle Royal with Othor Cain, Ben Allen, Kim Wade, Haley Fisackerly, Alan Lange, and “Big Cat” Donna Ladd all in the ring at the same time. The Battle Royal will be in a steel cage, no time limit, no referee, and the losers must leave town. Marshand Crisler will be the honorary referee (as it gives him a title without actually having to do anything).


Meet KIM Waaaaaade at the Entergy Tent. For five pesos, Kim will sell you a chance to win a deed to a crack house on Ridgeway Street stuffed in the Howard Industries pinata. Don't worry if the pinata is beaten to shreds, as Mr. Wade has Jose, Emmanuel, and Carlos, all illegal immigrants, available as replacements for the it. Upon leaving the Entergy tent, fig leaves will be available in case Entergy literally takes everything you have as part of its Trollfest ticket price adjustment charge.

Donna Ladd of The Jackson Free Press will give several classes on learning how to write. Smearing, writing without factchecking, and reporting only one side of a story will be covered. A donation to pay their taxes will be accepted and she will be signing copies of their former federal tax liens. Ms. Ladd will give a dramatic reading of her two award-winning essays (They received The Jackson Free Press "Best Of" awards.) "Why everything is always about me" and "Why I cover murders better than anyone else in Jackson".

In the spirit of helping those who are less fortunate, Trollfest '09 adopts a cause for which a portion of the proceeds and donations will be donated: Keeping Frank Melton in his home. The “Keep Frank Melton From Being Homeless” booth will sell chances for five dollars to pin the tail on the jackass. John Reeves has graciously volunteered to be the jackass for this honorable excursion into saving Frank's ass. What's an ass between two friends after all? If Mr. Reeves is unable to um, perform, Speaker Billy McCoy has also volunteered as when the word “jackass” was mentioned he immediately ran as fast as he could to sign up.


In order to help clean up the legal profession, Adam Kilgore of the Mississippi Bar will be giving away free, round-trip plane tickets to the North Pole where they keep their bar complaint forms (which are NOT available online). If you don't want to go to the North Pole, you can enjoy Brant Brantley's (of the Mississippi Commission on Judicial Performance) free guided tours of the quicksand field over by High Street where all complaints against judges disappear. If for some reason you are unable to control yourself, never fear; Judge Houston Patton will operate his jail where no lawyers are needed or allowed as you just sit there for minutes... hours.... months...years until he decides he is tired of you sitting in his jail. Do not think Judge Patton is a bad judge however as he plans to serve free Mad Dog 20/20 to all inmates.

Trollfest '09 is a pet-friendly event as well. Feel free to bring your dog with you and do not worry if your pet gets hungry, as employees of the Jackson Zoo will be on hand to provide some of their animals as food when it gets to be feeding time for your little loved one.

Relax at the Fox News Tent. Since there are only three blonde reporters in Jackson (being blonde is a requirement for working at Fox News), Megan and Kathryn from WAPT and Wendy from WLBT will be on loan to Fox. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both and a torn-up Obama yard sign will entitle you to free drinks served by Megan, Wendy, and Kathryn. Get your tickets now. Since this is an event for trolls, no ID is required. Just bring the hate. Bring the family, Trollfest '09 is for EVERYONE!!!

This is definitely a Beaver production.


Note: Security provided by INS.

Trollfest '07

Jackson Jambalaya is the home of Trollfest '07. Catch this great event which promises to leave NE Jackson & Fondren in flames. Sonjay Poontang and his band headline the night with a special steel cage, no time limit "loser must leave town" bout between Alan Lange and "Big Cat"Donna Ladd following afterwards. Kamikaze will perform his new song F*** Bush, he's still a _____. Did I mention there was no referee? Dr. Heddy Matthias and Lori Gregory will face off in the undercard dueling with dangling participles and other um, devices. Robbie Bell will perform Her two latest songs: My Best Friends are in the Media and Mama's, Don't Let Your Babies Grow up to be George Bell. Sid Salter of The Clarion-Ledger will host "Pin the Tail on the Trial Lawyer", sponsored by State Farm.

There will be a hugging booth where in exchange for your young son, Frank Melton will give you a loooong hug. Trollfest will have a dunking booth where Muhammed the terrorist will curse you to Allah as you try to hit a target that will drop him into a vat of pig grease. However, in the true spirit of Separate But Equal, Don Imus and someone from NE Jackson will also sit in the dunking booth for an equal amount of time. Tom Head will give a reading for two hours on why he can't figure out who the hell he is. Cliff Cargill will give lessons with his .80 caliber desert eagle, using Frank Melton photos as targets. Tackleberry will be on hand for an autograph session. KIM Waaaaaade will be passing out free titles and deeds to crackhouses formerly owned by The Wood Street Players.

If you get tired come relax at the Fox News Tent. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both will entitle you to free drinks.Get your tickets now. Since this is an event for trolls, no ID is required, just bring the hate. Bring the family, Trollfest '07 is for EVERYONE!!!

This is definitely a Beaver production.

Note: Security provided by INS
.