A managing director with a past: a 1999 arrest, a foreclosure and involvement in a Bermuda land scheme raises questions about Opal Development.

Due diligence, according to Wikipedia, is a term used for a number of concepts involving either an investigation of a business or person prior to signing a contract, or to depict an act done with a certain standard of care. It can be legally mandated, but more commonly applies to voluntary investigations where someone buying or selling a property evaluates the credentials and history of the other party. A relatively new development company owned by Peter Picknelly has made an offer to purchase the remaining acreage and buildings of the Clarke School. About two weeks ago I went to the meeting up on Round Hill that Robert Jonas hosted for the principals of Opal Development. An opportunity to meet the neighborhood. The Gazette came and took pictures, I sat there and took notes and observed the vibes. Some of us went with some apprehension, since the tone of the email that neighbor Lewis Popper had received from Opal’s managing director was pretty frosty.
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