More than 200 acres set aside for a residential development that never made it out of the ground will be auctioned off Monday.
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.
Trading Day: Inside the SEC filings for 10.13.11
A big selloff by an investor in a local coal company, plus Genworth closes on the $276 million sale of one of its subsidiaries. And Apple REIT changes the way it allows its investors to cash out.
Hindsight is 20/20, but they’re suing for $365 million
Were the bosses at LandAmerica so incompetent in their handling of the company during the dark days of 2008 that they should pay damages? Or were they making the best decisions they could in a tumultuous time?
The R&D Dept.: Patents for 10.12.11
A Petersburg company has invented a knife with a heated blade. And Philip Morris has a slew of new patents including a chewable tobacco pouch.
Apartments headed for auction
A foreclosed complex, owned until recently by a landlord who is going head-to-head with a Richmond TV news station, will be auctioned off Tuesday.
Sonabank plants its flag in Richmond
Deal closes on former Midlothian branch of Gateway Bank.
Xenith wants disputed play reviewed
A dispute between a failed local bank and a bankrupt local homebuilder has made its way to federal court.
Alabama firm to buy Anderson Strudwick
ne of Richmond’s last remaining independent brokerage firms will be independent no more.
Trading Day: Inside the SEC filings for 10.6.2011
Two local companies, including a bank and a REIT, announce big-dollar settlements, plus plenty of insider trades and hotel purchases from another local company.
Banks shuffle local ranks
The FDIC’s annual market share report reveals that some national banks are losing ground in Richmond, and smaller local banks are scooping up that cash.