Michael Schwartz

Michael Schwartz is the editor of Richmond BizSense, and covers banking, lawsuits, finance, M&A and golf. He can be reached at [email protected] or 804-855-1037.

Curtain opens on new era for local theater

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An 85-year-old theater last week debuted its latest incarnation with a ceremony that included a huge red drape dropping to reveal a high-tech marquee emblazoned with a local tobacco giant’s name.

Trading Day: Local SEC filings for 2.20.14

A Star Scientific director resigns from the company’s board. A big stock sale by a local CEO. And several other sell offs by local insiders.

Bank downsizes and tweaks its vision

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In the midst of a regime change and still working to ditch baggage from the recession, a Midlothian bank last week unveiled a plan it hopes will get regulators off its back and put it firmly back in the black.

Trading Day: Local SEC filings for 2.13.14

A local company says it’s considering “strategic alternatives” including a potential sale. Plus dividend season continues and executives cashing out on shares.

DealFlow: Investment banking roundup for 2.12.14

Always Be Closing

A busy start to the year for Harris Williams & Co. with eight deals closed and a $550M deal in the works. Plus deals closed by Cary Street Partners and Matrix Capital Markets Group.

Lawsuit against LandAmerica execs revived

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More than five years after its collapse, fallout from the ruins of former Richmond financial giant LandAmerica continues to bubble up in court.

Bank reclaims a chunk of Midlothian

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Back in the hands of its lender, a huge piece of a stalled local real estate development is on the market.