The years-long legal battle over the construction of the Loudoun Hounds stadium in Ashburn may be coming to a close.
That’s what attorneys for the Virginia Investment Partnership and the One Loudoun developers told Loudoun Circuit Court Judge Burke F. McCahill on Friday.
The case began in 2014, when One Loudoun sued to have the court terminate its lease agreement with VIP after the sports and entertainment company failed to begin construction of the stadium near the Rt. 7/Loudoun County Parkway interchange. VIP countersued, claiming One Loudoun caused the delay and seeking $30 million in damages.
Over the course of numerous court hearings, the case narrowed significantly. A three-day trial is scheduled to begin March 14, although a recent cancer diagnoses and treatment for VIP leader Bob Ferren threatened to delay pre-trial depositions.
Friday’s suggestion of a settlement was the second. Late last year, attorneys told McCahill the case neared a settlement over the summer, but that fell through. They’re scheduled to be back in court Jan. 21 to report their progress.
If the lawsuit settles, the case may not be over, however. One Loudoun’s attorney said they are considering a motion for sanctions against the attorneys who filed the lawsuit on behalf of VIP.