Reuters

Massey Supreme Court case sets precedent

A divided U.S. Supreme Court ruled Monday that a West Virginia judge should have recused himself from a trial involving Richmond-based Massey Energy Company. The appeals court judge, Brent Benjamin, received $3 million in support from Massey chief executive Don Blankenship during his campaign to be elected to the state bench. From the Reuters article:… Read more »

Circuit City back on-line?

Systemax, Inc. has won a bankruptcy auction to acquire Circuity City’s intellectual property and its e-commerce business, according to a Reuters. The deal is still subject to approval by the bankruptcy court in Richmond, which is scheduled to decide tomorrow. Systemax, which also owns CompUSA and TigerDirect, originally offered a bid of $6.5 million plus… Read more »