It was a packed, festive evening last week as BizSense hosted its inaugural young professionals networking event, RVA < 30. And we plan to do more of these for businesspeople age 30 and under.
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.
Tommy Bourque is back in the game.
With its 3-story driving range and towering nets taking shape on Westwood Avenue, the company also is eyeing a 14-hole mini-golf course on the site. It’ll be only the third such location in the company’s national footprint, joining Dallas and Chicago.
An embattled local mortgage lender has been dealt another blow, as a group of its largest creditors were successful in their bid to push the company into bankruptcy.
The CEO of defunct local mortgage company Live Well Financial is fighting back against a multimillion-dollar lawsuit, arguing he’s not personally on the hook for debt his firm owes to a Michigan-based bank.
He joined the bank in April 2018 after a long stint at a Northern Virginia-based competitor.
The Charlotte-based buyer will control 100 percent of the longtime family-owned company and will continue to operate Sauer’s century-old Broad Street factory.
The steady stream of departures continues out of LeClairRyan.
A recently retired CEO gets a new incentive plan for his new gig as executive chairman. Plus several local insiders sell off shares and cash out options.
As a group of creditors attempts to force it into bankruptcy, a collapsed local mortgage company also apparently has federal authorities on its back.