A $15,000 a month consulting gig for the former president of a local Fortune 500. Two members of the Gottwald family increase their stake in a Richmond firm. And a Glen Allen bank fully buys its way out of TARP.
A Richmond-based company which has developed a resort in the Bahamas, filed for bankruptcy earlier this week. It owes millions to several local organizations, and its total debts could add up to as much as $50 million.
Henrico Federal Credit Union is spreading out its home base with the purchase of a former medical office.
The growing local bank has just one final step to clear before it can seal the deal on its latest acquisition.
The usual gang of companies represented the Richmond market in the latest Fortune 500 list, released Monday by Fortune magazine.
Feeling confident after a $50 million capital raise, a local bank has lined up an acquisition in Hampton Roads. And it’s the second purchase announced by an area bank in recent weeks.
A sweet parting pay package for a Star Scientific exec. A member of the Gottwald clan makes a stock purchase in a local firm. And a local bank discloses its plan to finally get out of TARP.
A local credit union was shut down last week by regulators after it was deemed insolvent and beyond repair.
So far the suits have been minor obstacles as Apple REIT Cos. builds a hotel in Shockoe Slip and looks to potentially list shares of its Apple Hospitality REIT on a public stock market.
Now is not the time for pre-summer procrastination. Make sure your firm is recognized among its peers for its good deeds. There’s only one week left to be part of the inaugural class of Generosity Inc.: RVA’s Most Charitable Companies.
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