The nonprofit company that operates the fair filed for Chapter 11 after failing to work out a deal with its lenders to restructure the $83 million it borrowed to develop its new fairgrounds in Caroline County.
Richmond’s biggest bank is paying $35 million to exit the federal Troubled Asset Relief Program, a move it hopes will boost its stock.
A fast-expanding biotech lab is making a massive gift to the Science Museum of Virginia to help fund an exhibit on children’s health and physical fitness.
Your weekly list of new building licenses.
A massive pipeline this week, with two Richmond businesses expanding with tens of thousands more square feet. Plus Advance Auto Parts is adding two locations and more action on from local restaurants.
Uncle Sam might be getting even more involved at one local bank.
After crunching the numbers, Keiter, Stephens, Hurst, Gary & Shreaves comes up with a new name.
One of the busiest bankruptcy lawyers in Richmond has jumped to a rival firm, but his daily commute won’t change much.
The interim CEO of a local firm gets a hefty pay package. Plus a local REIT is hit with yet another class action lawsuit.
Lots of collections efforts including one by a landlord. Plus a land dispute involving a 1,435 acre tract in Chesterfield. And a plantiff alleges she was rear-ended in a go-cart race.