“From Virginia it saves you 5.7 percent” in income taxes, Boxwood Partners’ Patrick Galleher said.
Richmond investment bank relocates headquarters to Florida
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.
Chase Bank plans two more local branches in Midlothian, Mechanicsville
The banking giant will building from scratch in Chesterfield and Hanover counties, and also recently bought the former Peking Pavilion building in Shockoe Slip for $1.2 million.
Highlights from The Future of Manchester
A virtual crowd of more than 200 tuned into BizSense’s Future of Manchester event on Wednesday, as a panel discussed the fast-growing Southside neighborhood’s past and present, and where it goes from here. The 90-minute discussion, presented by KBS, was broadcast live on Zoom. Below are some highlights and key thoughts from the panelists. If… Read more »
Raymond James latest office tenant to sign on at rehabbed Westhampton School
The financial firm is consolidating its downtown and Innsbrook-area offices into 22,700 square feet at the new development on Patterson Avenue.
MGT Construction bankruptcy case coming to an end
The company’s 115 or so creditors, who are owed a combined $9.25 million, will get about 9 cents on the dollar.
Abingdon bank branching out in Hanover
First Bank & Trust is opening its first full-service branch in the Richmond market in a former SunTrust building.
LeClairRyan bankruptcy trustee targets $10M management insurance policy in asset hunt
Lynn Tavenner told the court she expects to pursue claims against the law firm’s management related to “fraudulent transfers, excessive compensation, breaches of fiduciary duty and/or unjust enrichment.”
LeClairRyan trustee sues law firm’s former ULX joint venture for $128M
The defunct law firm’s biggest creditor is now the main target of its bankruptcy trustee, who’s on the hunt for huge amounts of damages.
Hard Hat Happy Hour Virtual Tour: Hill Standard
We’re headed to Forest Hill for the latest monthly installment of the Hard Hat Happy Hour Virtual Tour, presented by Sands Anderson.
As some retail and restaurant rents have gone unpaid, some landlords’ patience wears thin
A Red Lobster location in Midlothian is the latest local commercial tenant to have allegedly fallen behind on its rent since the pandemic began, resulting in one of a handful of similar lawsuits.