Banking apparently beckons Billy Beale. The veteran Richmond banker, who first retired as CEO of what’s now Atlantic Union Bank in 2016 only to un-retire for a brief gig at Community Bankers’ Bank in 2018, has un-retired once again. This time he’s back to take the helm of Blue Ridge Bank, which is based in… Read more »
Michael Schwartz
Bankrupt Office Interiors of Virginia fielding suitors, shows nearly $4M in debt
Upon filing for Chapter 11 protection last month, the company said the process will allow it to remain in business and retain its 35 employees while attempting to sell the business or restructure its debts.
Local jewelry business ensnared in family’s ‘nanny cam’ video voyeurism lawsuit
Lustre, born out of Adolf Jewelers, is fighting to be let free from a $5 million lawsuit filed against one of its owners and her husband, claiming the couple’s nanny was sexually harassed on the job and discovered a hidden camera in the bathroom of the family’s home.
Portion of former Goochland golf course up for auction
There’s been yet another twist in the tale of the former Royal Virginian Golf Course, as a portion of the property is up for auction until May 10 with a starting bid of $400,000.
Richmond real estate firm plans reverse stock split to boost beleaguered share price
As it fends off public criticism from some vocal shareholders, a local publicly traded real estate firm is employing a new tactic to get its share price out of the doldrums.
Richmond lawyer trio jumps from Miles & Stockbridge to O’Hagan Meyer
The moves come at a time of rapid growth for O’Hagan, while the departures leave Miles & Stockbridge with just two attorneys in Richmond. But the firm is finalizing a lease for a new, larger office in a bid to recruit new talent and ramp back up quickly.
Sands Anderson snags former LeClairRyan office for new Richmond HQ
The firm, which currently has around 70 attorneys and an appetite for growth, is relocating its downtown headquarters from the Bank of America building to 35,000 square feet at Truist Center.
Longtime local office furniture company ducks into bankruptcy
Battered by the pandemic and unable to regain its footing, the 35-year-old firm filed for Chapter 11 bankruptcy protection and is searching for a buyer.
Local golf pro is latest entrant into indoor simulator scene
The Richmond region is getting yet another indoor golf simulator venue, this time from a golfer whose career took him from Canada to VCU to pro tours and eventually to coaching at local country clubs.
Outspoken investor ups the ante with billboard campaign against local REIT
Billboard ads are now running along I-195, alerting passersby of the lagging stock price of Medalist Diversified REIT. Aggressive shareholder Jon Wheeler is behind the campaign.