Left for dead in the wake of the recession, the Midlothian Town Center project is showing signs of life.
A faint pulse, but that’s enough
BB&T
30 acres up for grabs
A major portion of a residential development in Chester that caters to senior citizens is being auctioned off next week by the lender.
DealFlow: Investment banking roundup for 7.15.11
Deals from Wunderlich, Stone & Youngberg, Cary Street Partners, Harris Williams and BB&T.
SBA loan volume snapshot
Small businesses around the state borrowed $149.78 million worth of SBA loans from Oct. 1 through May 31.
Legal Roundup
This is the first story in our new legal roundup data section. We’ll soon give it a snappy new name. The data provides an incredible glimpse behind the scenes on what businesses are doing in circuit courts. But be warned, there are a ton of
“trip and fall” lawsuits. Some interesting cases this week: a printer wants $20,000 from a magazine publisher it says didn’t pay for copies, according to the lawsuit. Also this week, a hardware supplier wants more than $20,000 from a builder it says didn’t pay.
Local builder files for bankruptcy protection
Prospect Homes, a local homebuilder for more than 25 years, filed for Chapter 11 bankruptcy Tuesday. The company owes more than $50 million to hundreds of creditors. Many businesses listed as creditors were not surprised by the news, as checks had been late in arriving for at least six months. But several local business owners said they kept working with Prospect after Audi met with them, in part because they wanted future work and had known the company for decades.