News

Legal Roundup

This is the first story in our new legal roundup data section. We’ll soon give it a snappy new name. The data provides an incredible glimpse behind the scenes on what businesses are doing in circuit courts. But be warned, there are a ton of
“trip and fall” lawsuits. Some interesting cases this week: a printer wants $20,000 from a magazine publisher it says didn’t pay for copies, according to the lawsuit. Also this week, a hardware supplier wants more than $20,000 from a builder it says didn’t pay.

Shuttered investment firm leaves odd prop

A troubled investment firm shuttered it’s office in the Bank of America building last week. The firm’s leader has come under investigation for fraud. Now there’s a strange prop visible in the office.

Consumers are even more cautious

Shoppers are reining in spending even more around Richmond, but the slow-down is less severe than in 2009. And several surprising categories such as auto sales are perking up.

The Pipeline: Commercial Real Estate Round Up for 5.21.10

City & Guilds bought the 13,095 square foot building at 2700 Idlewood Avenue from Richmond Redevelopment and Housing Authority for $1.05 million.MGM Law moved to 9,423 sf at 1802 Bayberry Court. Click the link to see a ton more deals.

BizSense adds reporter

Michael Schwartz will cover banking, finance and general assignments for us. He comes to Richmond from Hampton Roads, where he has worked as a business reporter for more than five years. Come meet him at a BizSense happy hour next week.

First Capital decides to stop renting

First Capital Bank has become the proud owner of its Innsbrook corporate headquarters after leasing space there for five years.