As developer Hank Wilton prepares for his first bankruptcy hearing, he opens up about the foreclosures of several of his projects, the development frenzy before the bust and the clarity that comes with hindsight.
The lender on two real estate projects left unfinished by developer Justin French might take matters into its own hands. But a current FBI investigation is making it hard for the bank to find out what exactly happened.
After announcing its intentions last month to raise $20 million in capital and undergo a fundamental shift in strategy, a troubled bank says it is now considering other options. And the future of its head is in question.
Credit card companies are coming after Justin French. Plus a women slipped and fell on her way to the cash register at Food Lion, and a construction firms try to collect late bills.
The state lottery isn’t the only game in town for gamblers. At least until local police departments find a way to shut down the increasingly controversial industry of Internet sweepstakes cafes that are looking to expand here.
Virginia Commercial Finance leased 4,200 square feet at Highwoods’ Innsbrook Centre building in Henrico, while Bon Secours leased more than 100,000 sf in Henrico.
After paying bonuses to management even as the bank hemorrhaged millions in 2009, a Glenn-Allen based bank is now cutting two managers and paying them no severance package.
Bell Techlogix, Inc. leased 6,681 square feet at 2812 Emerywood Pkwy in Henrico County while the Virginia Tobacco Indemnification and Community Revitalization Commission leased 4,119 sq.ft. downtown. Plus a million dollar sale.
A meaty Docket this week. A builder is trying to collect from a restaurant and a customer is suing Kings Dominion for a supposed injury on a roller coaster. And some neighbors are fed up with a load swimming pool next door. Plus some action with law firms themselves this week: One firm is trying to collect a $30,000 build and more unusual, a client is suing his former law firm.
A local bank is foreclosing on 80 lots from two local homebuilders in mostly upscale suburban neighborhoods.