Bank of Virginia shareholders last week voted in favor of a deal that could bring the struggling bank fresh capital and some new leadership.
One home in the Fan, one in Church Hill, and the rest are mostly homes with principal loans around $200,000 this week.
A Flying Squirrels fan claims he slipped at a game and is suing the Diamond’s municipal owners for what he says are shoddy and narrow steps. Plus a landlord alleges a restaurant is behind on its rent in Chesterfield and an out-of-state architect claims it hasn’t been paid by a big local developer working in another state. And lots of other legal proceedings.
A struggling Florida bank run by two Richmond entities is being sued by a local investor for alleged fraud. The suit provides a glimpse into the overall health of a local private equity fund that invests in community banks.
The future direction of a local bank could be decided today at a Holiday Inn.
For the second week in a row, a development is in foreclosure, this time in Chesterfield.
The RRHA wants to condemn land on East 18th Street, while Dominion has a disagreement with a coal provider and a developer said it didn’t get the final drawings permit drawings from a vendor. Plus, an old-age home wants more than $100,000 back from an IT company it said never installed the equipment it said it did.
It’s not often that a spat over tax credits inspires graffiti artists. Developer Justin French said he supports the local artists who painted messages on the exterior walls of the Scott’s Addition industrial property they rent from him, messages not so subtly aimed at French’s tax credit purchaser for the renovated building at 1509 Belleville… Read more »
After a long, hard look in the mirror, the Greater Richmond Chamber of Commerce is tweaking its mission and streamlining its operations.
In the midst of planning a stock offering to raise sorely needed capital, a local bank received notice from Nasdaq that the value of its shares has been too low for too long.