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.

Topgolf thinking small with planned addition to Westwood facility

topgolf underconstruction

With its 3-story driving range and towering nets taking shape on Westwood Avenue, the company also is eyeing a 14-hole mini-golf course on the site. It’ll be only the third such location in the company’s national footprint, joining Dallas and Chicago.

Live Well Financial forced into Chapter 7

live well placard

An embattled local mortgage lender has been dealt another blow, as a group of its largest creditors were successful in their bid to push the company into bankruptcy.

Hild wants bank lawsuit tossed

MichaelHild File Headshot

The CEO of defunct local mortgage company Live Well Financial is fighting back against a multimillion-dollar lawsuit, arguing he’s not personally on the hook for debt his firm owes to a Michigan-based bank.

C.F. Sauer Co. to be sold to private equity firm

Sauer2

The Charlotte-based buyer will control 100 percent of the longtime family-owned company and will continue to operate Sauer’s century-old Broad Street factory.

Trading Day: Local SEC filings for 6.20.19

trading day wall street

A recently retired CEO gets a new incentive plan for his new gig as executive chairman. Plus several local insiders sell off shares and cash out options.