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.: Patents for 5.25.11

The brains at Hamilton Beach in Glen Allen have been busy lately with several new patents this week. A Shockoe Slip-based drug device maker gets yet another patent. And Phillip Morris has now invented a dissolvable tobacco strip.

Disbarred lawyer charged with embezzlement

A disbarred former Marks & Harrison attorney has been indicted on eight felony embezzlement charges, according to a report from Virginia Lawyers Weekly. As BizSense reported last fall, Kyle Cornelia Leftwich was disbarred in September after she diverted an unknown amount of money from the firm to herself over a period of seven years, according… Read more »

Bank names new CEO

Virginia Community Bank has a new head honcho.

Shuffle continues for downtown digs

Union First Market Bank is moving its corporate headquarters from the Turning Basin building in Shockoe Slip to Three James Center.

Trading Day: Inside the SEC filings for 5.19.2011

More big-dollar stock options were exercised by local executives this week, and big life insurance policies were taken out for two local bankers. And Dominion shareholders looking for change on some controversial topics get voted down.

Downtown law firm relocating

Kaufman & Canoles won’t have to go too far when it moves into a new local office this summer.