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.

Fed’s case against recycling plant operators shrinks

The former operators of a Southside biomass recycling plant have been re-indicted after successfully arguing for all but nine of the original 28 counts against them to be dropped.

VC company wraps up $63M raise

A Shockoe Bottom firm that invests in companies around the Southeast, including several local firms, has raked in $63 million in its newest funding round.

Petersburg bank to fill Parham branch

first community bank branch

A Petersburg-based bank is planning to fill the former First Community Bank branch at 900 N. Parham Road, replacing its longtime branch at a nearby shopping center.

Lawyer’s suit against firm faces bump to arbitration

LeClairRyan ftd

An attorney’s discrimination lawsuit against her former employer has been hung up in an argument over where the issue should be settled, with the firm pushing to sweep the suit into arbitration.

Take a second look at BizSense Pro

pro ftd

BizSense has just wrapped up a major upgrade of BizSense Pro, our paid service that delivers the data behind the news — lawsuits, foreclosures, new businesses — with new easy-to-use features. If you’re not a Pro member, check out the updates and give it a try.

Mortgage firm breaking into Richmond market

peter walencis ftd

With a veteran in the local industry on board, a national nonbank mortgage lender is making a big push into the Richmond market with plans for two area offices.

Bank consolidating branches in Northern Va.

Martins Union ftd e1493757966652

One of the largest local banks is closing three of its Martin’s grocery store branches and opening a standalone location in Northern Virginia.

Investment firm kicks off $350M fund

Riverfront Plaza 620

Shortly after capping a $350 million fund, a downtown investment company focused on small businesses is launching another.

Supreme Court puts end to outlet mall billboard dispute

Hanover outlets ftd

The state Supreme Court upheld the decision of lower courts and ruled against the owner of a Hanover RV dealership owner who sued the county over an unbuilt billboard near the long-awaited outlet mall development.