Lots of construction disagreements this week, plus some slip and falls.
Inside Wilton’s bankruptcy hearing
Developer Hank Wilton is called on to answer for his financial choices, including why he accumulated so many lots and why he sold an Aston Martin for $46,000.
New business Licenses: 10.14.10
BizSense is bringing back the new business license section. Lots of new businesses this week, including restaurants. Best new name: Little Red Wagon.
‘There is no question CMBS will be back’
Real estate professionals gather to dish on the state of their industry and hear a rare positive take on a controversial financing mechanism.
The Docket: Circuit Court Roundup for 10.13.10
Some rent disputes plus a management brouhaha.
R&D Dept.: Patents for 10.13.10
Only two patents this week, both complicated. One seems to be related to Philip Morris’ electric cigarette.
Monday Q&A: ‘We’re working twice as hard for none of the pay’
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.
Bank tries to clean up French’s mess
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.
Va. Business Bank starts on Plan C
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.
The Docket: Circuit Court Roundup for 9.28.10
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.