Find Facts about Nevin Shapiro Settlement Many of you would definitely have heard of Eric Sheppard and Nevin Shapiro settlement. The back ground of this settlement is a long story of friendship and trust which took a very tragic ending but as it is always known that no one can harm the truth and the one who lies and deceives reaches to a very logical ending----irreparable losses and failure! Nevin exploited the old friendship of him with Eric Sheppard who was a successful real estate businessman and let his old friend funnel the huge amount of $40 million into Nevinsâ€™s fraudulent Capitol Investments USA. Eric joined in his friendâ€™s business out of his good trust in his friend and did not doubt the legal status of his company, which was also Miami Based. The fraud of Nevin did not last long and the people affected from this fraud filed a suit against him, which he ultimately lost. Eric Sheppard Miami also suffered badly from his joint work in this fraud company. The court ordered Eric to pay $700,000 in the case settlement. This was quite a shock for him but he kept on behaving normal and paid all the settlement as the court had decided. Now the real estate business of Eric is flourishing and improving as it was in the past but Nevin is serving jail sentence for twenty years and case settlement, which are in, millions are also payable by him under the court orders. A while ago before Nevin Shapiro settlement, the real estate business of passionate businessman went through another downfall. It was when Eric needed cash for his business and he took the commercial mortgage loan for his business. The lender and borrower both signed the deed of trust and agreed upon the payment method. The deed was quite strict and once when Eric Sheppard went slightly against it, the lender was legally allowed to demand full payment of the whole mortgage. This was carried out through filing a legal suit against Eric. He pursued the case with his lawyer but lost his stance and the court declared that he is liable to pay the full amount of the loan in one full payment. This led to Eric Sheppard Charlottesville bankruptcy.
Though, the case was decided against him but Eric had passion to continue and his insight of business promised him further gains and achievements. With an undivided focus on the real estate business at home, he has made plans beyond his already existing company Canyon Ranch Living project, WSG. The company has projects at hand that value more than $1 billion currently going under progress, and this seems to be just a wonderful beginning for the 39-year-old real estate star after Sheppard Charlottesville bankruptcy. Eric Sheppard Miami Beach-based real estate multi-million business owner knows how to come out of the cases of low level. For more information click on the link Eric Sheppard Charlottesville bankruptcy.