Diamond

Judge Dismisses $40M Lawsuit in Richmond Diamond District Development Dispute, Opening Door for Amended Claim

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Richmond, Va. — A Richmond Circuit Court judge has dismissed a $40 million lawsuit brought by developer Republic Properties against its former partners in the Diamond District project, a sprawling development initiative in Richmond. While the suit has been rejected, the legal skirmish could see new life as the plaintiff considers adjustments to their complaint. The legal action arises from a partnership dispute over the 67-acre, ballpark-centered urban development bordered by Arthur Ashe Boulevard, Hermitage Road, the interstate, and railway tracks. Republic, a D.C.-based firm, originally assembled a group named RVA Diamond Partners LLC, including … Read more

Legal Battle Heats Up as Loop Capital Seeks Exit from $40M Diamond District Development Lawsuit

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Richmond, Va. – A finance giant has requested to be excused from a hefty $40 million lawsuit centered around the development of Richmond’s Diamond District, a sprawling urban redevelopment project once co-managed by the firm. Loop Capital, a Chicago-based investment bank, along with Thalhimer Realty Partners, finds itself entangled in legal disputes after supposedly departing from a former partnership with Republic Properties, the Washington D.C.-based company that initially spearheaded the development. The discord traces back to a reorganization of the project’s leadership. After a fallout with Republic Properties in May 2023, Loop Capital and Thalhimer … Read more

Federal Judge Dismisses Civil Lawsuit in Dallas Police Custody Death of Diamond Ross

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Dallas, Texas – A federal judge has dismissed a civil lawsuit filed by the family of Diamond Ross, more than five years after her death from an overdose while in Dallas police custody. Ross’ family had sought answers and disciplinary action regarding the 34-year-old’s death in 2018. Video footage released by the police in 2019 showed Ross repeatedly asking for water and help as she was taken to jail. The lawsuit, filed in 2020, sought damages and policy changes from those involved, including two police officers, the Dallas Police Department, Dallas Fire-Rescue, and the Dallas … Read more