News

When partnerships go bad

A local bank got caught up in the middle of a dispute between two business partners and is now on the receiving end of a $1.35 million lawsuit.

Agency takes a closer look through its black eye

As a result of the hit developer Justin French allegedly gave a governmental program that awards tax credits for historic rehabilitation, a local agency is changing some of its protocols.

A stellar deal for some

A local bank that has been battling losses from souring loans announced late Tuesday that it is closing one of its branches and selling the deposits of that branch to a competitor.

The R&D Dept.: Local patents for 1.19.11

The latest local patents include a closet with a built-in piggy bank, a bridge system for stringed instruments, a blender and a kitchen appliance that can keep food hot and cold at the same time.

The Docket: Court Roundup for 1.19.11

Some fascinating cases this week: a former employee allegedly opened bank accounts in the name of his former employer and then took out money, and now the company is suing the bank. Plus collections efforts from a handful of banks. Please also note, specific cases are available to BizSense Pro subscribers for an additional charge. BizSense will email the case to you.

For sale or foreclosure?

The fate of a 32,000-square-foot R&D facility in Chesterfield County is up for debate.

Auto sales get a little gas

According to the latest new-vehicle registration data released by the Virginia Automobile Dealers Association, the industry’s long climb back up might be beginning.