The former general counsel of defunct law firm LeClairRyan agreed to be disbarred in Virginia in light of pending misconduct charges.
In doing so, Bruce Howard Matson acknowledged that “material facts upon which the allegations of Misconduct are pending are true,” the Nov. 16 order from the Virginia bar’s disciplinary board said.
Matson was appointed trustee for the liquidation trust of LandAmerica, a title insurance group, in 2009, and in 2015, was appointed wind-down trustee, according to Matson’s affidavit filed with the bar.
Matson was still associated with Richmond, Va., based LeClairRyan at the time.
Matson paid himself $1 million ...