Two local small businesses filed bankruptcy last week in Chester, with one seeking extra time to work out debt and the other closing up shop.
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.
Quadruple-digit growth
Richmond is home to four of the 500 fastest growing private companies in the nation, according to rankings released this week by Inc. Magazine.
Another reprieve for Justin French’s mansion
A foreclosure auction that had been scheduled Thursday for the 10,000-square-foot Georgian-style mansion was cancelled at the request of the lender.
Some unexpectedly pro bono work
What could have been a $7 million payday for the West Coast office of one of Richmond’s biggest law firms turned out to be somewhat less lucrative.
Trading Day: Inside local SEC filings for 8.16.12
It’s a summertime selloff as local insiders unloaded shares this week. Plus, a multi-billion bond sale by one of Richmond’s richest companies.
Changes afoot at Aloft
One of Richmond’s biggest hotel owners might be close to buying a Short Pump hotel that’s at the center of two multimillion-dollar lawsuits.
42 local jobs cut
Golden Living, which operates hundreds of nursing homes and rehabilitation centers across the country, is closing its Chesterfield billing center.
DealFlow: Local M&A roundup for 8.15.12
Harris Williams had a busy month of deal making. And closings from Marriot & Co., BB&T Capital Markets, EnVest Media and more.
What’s in a name? Plenty of cash.
A Shockoe Slip drug maker can finally start watching the royalty checks roll in.
Lighting company wants its bulbs back from SportsQuest
If an Iowa company has its way, it could be lights out at the complex formerly known as SportsQuest.