Banks Force Developer P. Reed Wills II Into Bankruptcy Court
Three banks this week forced third-generation Northern Virginia real estate developer P. Reed Wills II into bankruptcy court as months of negotiations to restructure hundreds of millions of dollars of delinquent real estate loans foundered.
The three banks moved in order to prevent a fourth bank, First American Bank, from claiming Wills's assets and gaining a disproportionately large share of his wealth, said David R. Kuney, a lawyer for Wills. After talks between Wills and First American broke down Monday, First American was gearing up to seize Wills's bank accounts, Kuney …
You know, the only time I ever did a negative spell was one to let karma get someone who did something extremely evil and selfish. I wanted his balls to shrivel up, but I didn’t ask for that. I only asked that he lose everything he did in the name of money for what he did to my childhood home, Aspen Grove, when he bought it and planned to wreck the whole thing for condos. He did get his way—the outbuildings of historic value and the grounds dug up without archaeological intervention to build condos around the manor home and boxwood garden. When I read this, I felt such joy, I just had to share the info. I know you were all cursing him and spitting at him too.
May you rot in hell! (and it's the only time in my life I've ever sincerely felt that about someone)