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LandAmerica bankruptcy coming to a close

LandAmerica bankruptcy coming to a close

Michael Schwartz July 29, 2015 1

The collapsed financial firm plans to make its creditor payouts before the end of this year, with only one major asset left to unload: a palatial mountaintop mansion outside San Diego.

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DealFlow: Investment banking roundup for July 29, 2015

DealFlow: Investment banking roundup for July 29, 2015

Michael Schwartz July 29, 2015 0

Another busy month of deals from Harris Williams, BB&T Capital Markets, Matrix Capital Markets, Dominion Partners and more.

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Former bank CFO pleads guilty to embezzlement

Former bank CFO pleads guilty to embezzlement

Michael Schwartz July 28, 2015 3

A small local bank's former CFO pleaded guilty last week to skimming about $100,000 from the company, but he will serve no jail time on a suspended sentence

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LandAmerica class-action case settled for $5M

LandAmerica class-action case settled for $5M

Michael Schwartz July 27, 2015 0

The folded financial firm put an end to a long-standing lawsuit related to the misuse of its pension fund, but the former execs and directors named as defendants escaped unscathed.

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HDL takes next step for VCU lease deal

HDL takes next step for VCU lease deal

Michael Schwartz July 24, 2015 0

With court approval, HDL is hurrying to finalize a lease with VCU that would give the university 45,000 square feet in its downtown headquarters building and save the lab company $1.5 million annually in

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The Pipeline: Commercial real estate roundup for July 24, 2015

The Pipeline: Commercial real estate roundup for July 24, 2015

Michael Schwartz July 24, 2015 0

A pair of million-dollar retail deals, warehouse space getting snatched up, a national store takes space in Willow Lawn, a fried chicken chain is building a new location and dozens of other deals.

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Church outlines escape from bankruptcy

Church outlines escape from bankruptcy

Michael Schwartz July 23, 2015 0

After two years in Chapter 11 limbo, a Southside church has put together a lengthy plan to finally free itself of bankruptcy, which includes new leadership, debt renegotiation and hopes of leasing out extra

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Investment firm hires new CEO

Investment firm hires new CEO

Michael Schwartz July 21, 2015 0

A Shockoe Slip investment company has brought in a new CEO to take the lead as it continues to expand outside of the area.

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Insurance firm grabs top spot in downtown tower

Insurance firm grabs top spot in downtown tower

Michael Schwartz July 21, 2015 0

After 13 years in Shockoe Slip, an insurance company is moving in with one of its biggest clients to the new 18-story addition to downtown's skyline.

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