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.

The R&D Dept.: Local Patents for 2.1.12

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Patents this week for Capital One, Intelliject and Philip Morris. Plus Freddie Mac received a patent for a system that helps it determine the likelihood that a loan will close.

Fergusons’ biggest creditor sues them

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EVB becomes the third bank to file suit against a formerly wealthy Richmond couple for exaggerating their net worth when seeking loans.

Former adult bookstore bares all

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The renovation of a shuttered porn shop on North Boulevard has stripped the space down to its skivvies, exposing what store probably looked like back in its heyday.

Local woman takes a shot at her dream

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Joyce Patterson is the new owner of the Richmond Elite, which is two months into its inaugural season in the resurrected American Basketball Association.

Richmond developers bet big on small town

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A local investment group that includes some longtime Richmond developers is planning a $28 million hotel project in Staunton, and the project is named after one of Virginia’s early architects.