A water management company says a former employee is using confidential trade secret information to compete against it and seeks damages of $3.85 million. A hotel alleges the former general manager embezzled and converted funds and wants $850,000 in compensation.
BizSense Pro
Breaking Ground: Local building permits for 7.31.19
A retirement village in Henrico has a $4.5 million spiritual enrichment building in the works. Chesterfield has apartments and townhouses in the works. And Richmond has apartments going up in Manchester.
The Pitch: Advertising and marketing news for 7.30.19
A former Martin Agency CEO lands a local gig, an area agency and film director collaborate on a MADD campaign, a homegrown documentary picks up an Emmy and lots of shops announce new clients and hires.
The Herd: New hires, promotions & departures for 7.30.19
A principal is named at KWC and the City of Richmond names a buildings commissioner. New faces and promotions in law, finance, manufacturing and more.
The Agenda: Local government briefs for 7.29.19
Two large-scale rezonings pave the way for denser development in Richmond’s Monroe Ward and VUU area, the city hires a new building commissioner, and two high-profile projects face their first votes in Goochland.
Foreclosures: 7.29.19
Over $4 million worth of properties are on the block this week, including the highest-priced foreclosure in Goochland. Get the entire list as a BizSense Pro subscriber.
The Pipeline: Commercial real estate roundup for 7.26.19
The largest unoccupied commercial building in the Mid-Atlantic sold in Prince George for $21.7 million. And an e-retailer of note leases 500,000 square feet in Richmond.
The DeedBook: Local property transfers for 7.26.19
This week’s list includes over $128 million in transfers. Chesterfield reports a $60 million sale of apartments in Midlothian. For the entire list, become a BizSense Pro member.
The Docket: Local court roundup for 7.25.19
A title insurance provider says negligent actions by two law firms and another title company caused it to lose $92,000. An employee says her temporary supervisor and a senior living facility defamed her and seeks $650,000 in damages.
Trading Day: Local SEC filings for 7.25.19
Second quarter earnings begin to roll in, with reports from Brink’s and two local banks. Plus, Genworth continues to pursue the sale of its Canadian mortgage arm.