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.

Fairgrounds fiasco

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Redeveloping the land won’t be easy, especially if Wayne Acors and the Caroline County Board of Supervisors have anything to say about it.

State fair shuts down after 150 years

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A victim of a poorly timed stock sale that locked in enormous losses, the State Fair of Virginia is no more. Its 360-acre fairgrounds in Caroline County will be auctioned off.

Richmond firm expands to Texas

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A local law firm that might hold the unofficial record for most name changes in the past year has staked its claim in the Lone Star State.

SportsQuest founder responds to latest lawsuits

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Two local companies are getting more aggressive in their attempts to recover money SportsQuest owes them, and SportsQuest founder Steve Burton says he’s working hard to find the money to pay contractors.

LandAmerica bosses headed to trial

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A federal bankruptcy judge’s decision clears the path for a trial to determine whether the bosses at LandAmerica were so incompetent during its demise that they should pay damages to creditors.

Local bank to be acquired in $40M deal

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Richmond-based Peoples Bank of Virginia is being acquired by a larger competitor hungry for more deals and more branches.

The first big hurdle cleared

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A Northern Virginia investor moved one step closer last week to being able to buy a big piece of a local bank.

Liquidation near the links

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Fifteen condos at the Links at Virginia Center, a chip shot away from the Crossings Golf Club, will be sold next month in a liquidation auction.