Monday, January 20, 2020

David W. Lane's Default Judgment Withdrawn

David W. Lane managed to escape a million dollar judgment in Rankin County.  Circuit Judge Dewey Arthur dismissed a $1,238,500 judgement against Mr. Lane Friday.  Lakebend obtained the judgment against Mr. Lane, his father David L., and Ridgway Lane. 

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.

The Lakebend Homeowners Association sued Ridgway Lane as well as David L. Lane and David W. Lane in Rankin County Circuit Court in November (W is the son of L.).  None of the defendants filed an answer nor filed a request for an extension to file an answer within thirty days.   Judge Dewey Arthur awarded a default judgement to Lakebend for $235,000 in damages and $1 million in punitive damages.  Earlier post.

 However, the two Bridgewater Homeowners Associations filed motions to intervene and asked the court to withdraw the judgment.  They accused Lakebend of piggybacking off of their lawsuits and unfairly swooping in to obtain the default judgments.  The intervenors claimed the defendants didn't have the assets to satisfy the judgments.

Judge Arthur dismissed the judgment against David W. Lane while leaving it intact against David L. Lane and Ridgway Lane after Lakebend and Mr. Lane agreed to the withdrawal.





7 comments:

Soap on a rope said...

Why aren’t any of them in jail?

Anonymous said...

no meat on this bone- $ long gone.

Anonymous said...

Soap is correct. Where are the Feds on this case, the corruptive Jackson metering project and the Timber Pyramid scheme? Seems like there’s more than enough to charge some folks in those cases. I guess since they aren’t targets of Mike Hurst’s PROJECT EJECT, he doesn’t care about the biting the hands that feed the Rs in the state large political donations.

Anonymous said...

Why is the doctor arrested in no time, but the people stole 2 m dollars roaming freely? Where is the justice in this state?

Anonymous said...

10:57, Soap may be correct, but you sure aren't. First your facts are wrong. Second you haven't made the case for federal intervention in this case.

Whether you like it or not, our government does not cede any power the federal government wants to it - we still have 'state's rights' although many folks try to think that policy only applies to issues of decades ago.

And - there is also a process that happens, federal or state. Before these people are locked up, they have to be found guilty in a court of law - not a court of social media even when it has been produced by the esteemed (in some folks eyes) Kingfish.

Are they guilty? I damn sure think so, but they have to be charged, indicted by a STATE District Attorney and then tried before you get to offer them their own personal bar of soap.

If you want to pursue your claims about Hurst, how about bringing in the federal statutes that can be used to try them in federal court.

As to the others you list, it appears to me that the Timber Boys have their own personal spaces in the Cochran Federal Building downtown and they are getting their time in the dock. The worst has gone to jail - but the second got off scott free when put to the federal jury. (I realize that you would like to skip the jury part, but so far we haven't ceded that process yet in this country.)

The others I'm sure will get their opportunity to sit in the dock as well, but not until the receiver finishes her work related to them. Sorry, there is a process in place.

And obviously you don't know shit about the Siemens deal or you wouldn't have thrown it into your shitshow.

Anonymous said...

Am I correct in saying that David L recently had his house for sale? If so how can that be?

Anonymous said...

@12:34-The FBI is investigating. Hopefully, they'll get their case together soon. These men do not deserve to roam freely. It's ridiculous they have not been arrested. Evidence is available from numerous associations that funds were stolen. People are arrested for other types of crimes with less evidence. The process for white-collar crimes provides preferential treatment and it's absolutely wrong!

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