If the amount is approved by the court and Hild’s conviction survives his appeal, the restitution would be owed to four lenders and the bankruptcy estate of his former company.
Judge calls for Hild to pay $46M in restitution
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.
Atlantic Union gets green light to acquire American National Bank
Richmond’s biggest bank has all the necessary approvals in place to close its deal with the Danville-based bank. It expects to finalize the acquisition on April 1.
Local golf cocktail maker drives growth with new distribution deals, new flavors
Fore Craft Cocktails now has a line of five flavors and distribution deals in nine states, with more in the works.
Former Primis Bank employee pleads guilty in $2.4M embezzlement scheme
The former commercial lender and branch manager worked at the bank for more than 20 years and admitted to a loan scam that spanned 15 years. He faces up to 30 years in federal prison.
Longtime local vocational forensic firm Broughton Associates sold to N.J. peer
After four decades of testifying as an expert witness in personal injury and divorce cases, Gray Broughton has found a way to keep working while easing toward retirement.
Rockefeller family’s wealth advisory firm expands into Richmond after luring team from Truist
The company, which has expanded into dozens of new markets over the last five years, made its move into Richmond earlier this month and set up shop downtown.
Virginia Green makes first move outside of Virginia
It marks the 10th acquisition in three years for the Richmond-based lawn care company and the first funded by the war chest it received late last year from a deal with a California private equity firm.
In wake of failed sale, members take charge at Lakeside Park Club
Left without a clear leader after losing out on a deal that would have given it a new owner and a needed financial boost, the century-old club is plotting its future with an unlikely set of bosses at the helm.
‘Everybody lost everything’: Businesses left hunting for new homes after fire on Patterson Ave.
This is not something that most small businesses plan for,” said one of the tenants. “There was no contingency plan in place and our work is not work that can be done remotely.”
With new Salomonsky at the helm, Historic Housing’s latest project rising quickly in Shockoe Bottom
Daniel Salomonsky said his mission is clear: to maintain what his father and the company have built over decades, and to shepherd its latest project to the finish line.