Friday, July 31, 2020

Lane Refuses to Sell Home or Move Out

Although a Rankin County Judge ordered him to do so, David L. Lane refuses to move out of his Oxford condo or sell it.  The Bridgwater HOA asked Circuit Judge Dewey Arthur to hold Lane in contempt after he allegedly refused to cooperate with a court-ordered sale of the home. 

Ridgway Lane, LLC managed homeowners associations.  David L. Lane and David W. Lane were the President and Vice-President of the now-defunct 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 accused Lanes of embezzling over $2.3 million from HOA accounts.  The lawsuits charge the Lanes 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 motion states Lane owns a condo in Oxford that has a mortgage balance of $45,000. Judge Arthur ordered the home sold. However, Lane decided to make one last stand in defending the good ole homestead:

10. On July 29, 2020, the real estate agent BOA engaged email counsel for BOA, stating that he had contacted Lane about listing the condominium. He further informed BOA counsel that Lane stated “he wasn’t interested” in having the condominium listed and would not cooperate with the real estate agent’s efforts to do so. In other words, Lane is knowingly and intentionally violating BOA’s unqualified right—pursuant to order of this Court—to sell the condominium on its “terms and [] procedures” to liquidate Lane’s real property in satisfaction of its judgment.

11. In addition, Lane is living in the condominium in Oxford and refuses to cooperate with BOA’s efforts to market and sell it. In other words, he is knowingly and intentionally flouting this Court’s order.

12. Lane has a civil judgment in excess of $2,700,000 against him for the theft and misappropriation of funds he managed for BOA and other HOAs. He should not be permitted to thumb his nose at BOA—the judgment-creditor he defrauded—while, at the same time, he intentionally violates this Court’s order....

  A hearing on the motion is scheduled for August 12.



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
Court OK's sale of Lane home.  
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. 





21 comments:

Anonymous said...

What a joke our legal system is. Throw this pos in jail and split up host belongings between the neighborhoods he scammed.

Anonymous said...

What's going on in Oxford? All these type like to hole up there. Scruggs, Adams, Lane, that Alston kid. Man...

Anonymous said...

Wonder what happened to or where the real $ is stashed. Why has nobody been arrested or are they out on bail? Puzzled in Pearl.

In reply to 8:27 I said...

Obviously it's a "perception of culture".

Anonymous said...

A decent judge would revoke his bond and let him sit in jail until he cooperates.

Green Acres said...

Criminal contempt of court may be the only way Lane will serve jail time.

Soggy Sweat said...

Response to 8:27 AM

Ole Miss Culture.

Kingfish said...

Bond?

Anonymous said...

KF, I agree. No bond, no real punishment handed down, no law enforcement picking his ass up. Its a boondoggle of a case.

Anonymous said...

Another rich white guy steals millions, but gets to walk free and just sort of tell the authorities what he will and won't do, at least for a while.

Hell, no wonder you've got people who think the whole system is rigged and just want to burn it all down.

Anonymous said...

But he enjoys the grove on game day so much.....it’d be a shame to make him leave.

Anonymous said...

Can't the Court order his eviction from the home as the natural consequence of his contempt, and to stop his interference with the sale? Otherwise, perhaps the Court should find a way to start a foreclosure proceeding.

Anonymous said...

Were is the Mississippi Attorney General at on this case?
What's her name?
Lynn Finch?
Is she a Ole Miss graduate?
So many questions, So little time.

Anonymous said...

This is just speculation, but I suspect the DA may be letting the civil litigants recover what they can before they pull the trigger on the criminal charges. That, I believe, would best serve the interests of justice. If they charged him first, the victims may have to wait until the criminal case(s) played out first. Just my $0.02.

Anonymous said...

Obviously, this is beyond the State of Mississippi's "Three Strike Rule". I think Parchman is where the Lanes should reside.

They are harden criminals like drug dealers. Enough said!!!!

Anonymous said...

@ Just a speculation, there's not enough money left for all the HOA's for him to settle much. He took over $90k from our HOA(Rankin County Neighborhood), but we haven't filed suit because there's nothing to get.

Anonymous said...

David Lane has gold holdings that the court will never find unless they GPS track him to his bullion stash.

Anonymous said...

Maybe we need receiver Mills to get involved. She can negotiate that he get to stay in the house for three years and pay a fraction of what he stole.

Two justice systems in this country for sure.

Anonymous said...

I heard he doesn’t want to move from oxford yet so he’s not gonna help list the condo. Hell he just got up there a little while ago and is now head of the condo’s HOA and can finally get the neighborhood in order. He’s renaming it Bridgewater 7. To save all the hassle they are just gonna install 2 bigly grand pineapple/pine cones at the gated entrance so everyone will know what’s up without having to search for them on porches. Hoddy Toddy gosh o might where the hell is all our money?

Anonymous said...

I am under the impression from decades of observation, that Mississippi's judges are reluctant to use their judicial powers.

I can only guess that they make the legal community very happy when cases drag on for years. Lots more billable hours are accumulated.

The "discovery" delays or new motions accepted often boggled the mind.

And, in some cases, the delays are to financially " starve" one of the parties in a dispute...not so strangely, the one with the least ability to continue the " feed" the " beast" of the " old boy network".

Anonymous said...

I’d wager....Old Lane is taking the fall for young Lane.

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