Monument Bank filed a lawsuit last week against the out-of-town owner of the Burrus Land Tract in Chesterfield.
1,400 acres of legal quicksand
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.
It’s who you know
Capitol Securities, a local brokerage and investment firm headquartered in Glen Allen, has become a landing pad for refugees of Richmond financial firms in flux.
Village Bank enters written agreement
The Midlothian-based bank has struggled over the past couple of years to deal with tens of millions of dollars worth of bad loans and foreclosed properties.
Trading Day: Inside the SEC filings for 2.9.12
A former federal regulator joins the board of a local bank, local executives make some big stock sales and bank earnings keep rolling in.
Shockoe firm stretches further into yoga industry
Boxwood Capital Partners this week made its third purchase in less than two years of an online yoga retailer and has plans to launch its own brand of products.
Shifting resources
A well known local businessman is using a portion of his stake in Richmond’s biggest bank to pay down a loan on a condo project.
DealFlow: M&A roundup for 2.8.12
Deals this week from Harris Williams, BB&T Capital Markets and Marriott & Co, plus a 90-year-old local company makes an acquisition out west.
Body:
Local businessman charged with grand larceny
John Ross Greer, a local businessman whose illegal dealings in precious metals made Richmond headlines in the 1980s, ran into the law again last week.
An unusual but optimistic request
New Kent Courthouse Village, a stalled $30 million mixed-use development modeled after a traditional English village, had its Chapter 11 bankruptcy protection dismissed.
Money to burn
Altria Chairman and CEO Michael Szymanczyk won’t leave empty-handed when he retires in May.