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Richmond BizSense.com Reporting Manchester Property Owners Hilds Sued for $110 Million

In addition to the cash the Live Well Financial bankruptcy trustee is looking to take control of the Hild’s numerous properties and businesses.

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The Hilds own three current businesses in Manchester, Butterbean Café at 1204 Hull St., Dogtown Brewing at 1209 Hull St. and Hot Diggity Donuts at 1213 Hull St. These businesses all closed due to the pandemic and have remained close. These three are just the tip of the financial woes.

From the Richmond Biz article.

In addition to extracting monetary damages, the trustee also is looking to take control of the couple’s business holdings. Carickhoff has asked the court to impose a trust that would hold and maintain the real estate, bank accounts and businesses and other personal property of the Hilds and make those assets of the bankruptcy estate.

That would include wresting control of Church Hill Ventures, which the Hilds used to acquire at least 38 properties in Richmond between 2015 and 2018, using funds that traced back to Live Well. The government found that the Live Well fraud ran from 2014 to 2019.

Also in line to come under the trustee’s grip is the Hilds’ Kingfisher LLC and its 17 properties in Richmond, and their Gardenia LLC and its six local properties.

The trustee also wants Anderson’s Neck Oyster Co., which Hild launched in river country in Shacklefords, Va., and the couple’s three businesses in Manchester: Butterbean Café at 1204 Hull St., Dogtown Brewing at 1209 Hull St. and Hot Diggity Donuts at 1213 Hull St.

The lawsuit further claims funds from Live Well were funneled through various LLCs that never actually launched legitimate businesses, including Urban Bleat Cheese Co., Manastoh Brewing, Aragon Coffee Co., Pin Money Pickles and Valentine’s Meat-Juice Co.

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Richard Hayes is the co-founder of RVAHub. When he isn't rounding up neighborhood news, he's likely watching soccer or chasing down the latest and greatest board game.