VCU says a $1 million lawsuit filed against it should be tossed out because the school is considered a “governmental instrumentality for the dissemination of education.”
Forget the nitty-gritty
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.
Silver lining in store’s closing
A Carytown fixture is calling it quits after five decades, but it’s “a good time to be a property owner.”
Trading Day: Inside the SEC filings for 5.31.12
A local bank CEO goes on a stock-buying spree, another local CEO cashes in on a $1 million stock award, and Media General gets a hold of some of the cash from its deal with Berkshire Hathaway.
Virginia scores another role on the big screen
Richmond had Daniel Day-Lewis and Steven Spielberg. Now another Virginia city is getting Tom Hanks.
‘Unorthodox’ twist in unusual case
Convicted Richmond fraudster John Ross Greer is going back to prison after pleading guilty on Tuesday to scamming customers who thought they were renting exotic vacation properties. And to the surprise of two judges, Greer will keep running the business until he reports to jail.
A shot of accelerant
Intelliject lands a $15 million loan to finance the development of its next generation of products.
When Media General woke up
Media General CEO Marshall Morton explains how the Berkshire Hathaway deal went down and shares his thoughts on the future of newspapers.
Hookup’s disappointment
A business that owns a 60,000-square-foot warehouse on Chamberlayne Avenue has filed for bankruptcy.
Cellblock, meet auction block
Some of Justin French’s spoils, including jewelry and more than 60 pieces of artwork, are being auctioned this week by the U.S. Marshals.
Trading Day: Inside the SEC filings for 5.24.12
A big promotion and payday for the new head of one of Richmond’s richest companies, and the interim chief executive at Genworth gets a bump in pay.