An entity tied to residential real estate developments built by Tomac Homes declares bankruptcy.
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.
Room to improve
Richmond is home to three of the four lowest-rated banks in the state, according to ratings released last week.
The blame game
A local financial firm being investigated by the Securities and Exchange Commission is going after its former lawyer and his law firm in a $45 million legal malpractice suit.
Wachovia to add more than 200 local jobs
Its the second big local hiring push by a financial firm since October.
Trading Day: Inside the SEC filings for 12.9.10
Apple REITs raised more money and bought more hotels. Plus a director at Markel sold another $2.5 million in stock.
The R&D Dept.: New Patents for 12.8.10
Mostly industrial patents this week, including packaging innovations from MeadWestvaco and Philip Morris.
Racing firm drafts on competitor’s domain
When a popular website became available, Chesterfield-based Stock Car Products saw a green flag.
RIC ? Southwest
Discount airline Southwest is the new belle of the ball in Richmond.
Investment firm sells stake in itself
A local investment firm run by a former manager of the University of Richmond endowment has always turned away potential acquirers, until now.
Richmond drug maker merges with N.J. company
The deal brings a new drug under Insmed’s control.