“Richmond will finally be getting the ballpark it truly deserves, and we could not be more relieved and gratified,” said Flying Squirrels President Lou DiBella.
Squirrels, Richmond EDA formally sign lease for new ballpark
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.
Region’s newest indoor golf venue to open in Midlothian
What started as an idea for some at-home swing practice has become the region’s newest indoor golf simulator facility.
LL Flooring gets delisting notice from NYSE days after bankruptcy filing
Shares of the Henrico-based retailer, which are now in penny stock status after the company fell into bankruptcy on Sunday, took another hit this week.
Local accounting practice with pro sports niche acquired by big-league firm
ProSport CPA, which has quietly grown to two dozen employees at its home base in New Kent County by representing pro athletes and entertainers, was recently acquired by national firm CRI.
Henrico-based LL Flooring files bankruptcy, eyes ‘going-concern’ sale
The cash-strapped flooring retailer remains open for business while its Chapter 11 process plays out. That will include closing 94 stores and looking to sell its remaining assets.
The local PGA tournament needs a new home. Henrico and a local businessman think they have the solution.
The Henrico EDA has purchased The Crossings Golf Club for $3 million as part of a public-private partnership aimed at transforming the public course into the new long-term home of the popular PGA Tour Champions event.
Motleys sells Richmond Auto Auction to national auction house
The longtime local operation, which sells about 20,000 vehicles a year, is now owned by America’s Auto Auction, the second-largest auto auctioneer in the country.
Former Primis Bank lender gets 4 years in prison for long-running ‘Ponzi loan scheme’
“It is drastically out of character for you and there’s no question about that,” Judge Robert Payne said of James Stevens. “I think the record is clear that you are a good man that went astray.”
Client poaching prohibition extended in Salomon & Ludwin case against former employees
The case currently hinges on whether the foursome’s defection and subsequently luring more than $300 million in client assets constitutes a “raiding” of their former employer.
VACU is now a federal credit union
The change means VACU is no longer regulated by the state’s Bureau of Financial Institutions. It is now solely regulated by the National Credit Union Administration.