http://www.richmondbizsense.com Richmond's Homepage For Business News Thu, 09 Feb 2012 21:55:25 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://www.richmondbizsense.com/2009/05/04/chesapeake-deal-closes-for-485-million/ http://www.richmondbizsense.com/2009/05/04/chesapeake-deal-closes-for-485-million/#comments Mon, 04 May 2009 16:13:59 +0000 Al Harris http://www.richmondbizsense.com/?p=7158 Chesapeake Corp., the Richmond-based paper packaging company, announced today its planned acquisition by New York-based Irving Place Capital Management and Los Angeles-based Oaktree Capital Management has been completed for $485 million. The company’s headquarters will move from Richmond to Amersham in the United Kingdom. The company, which began as a pulp mill in West Point, ]]> http://www.richmondbizsense.com/2009/05/04/chesapeake-deal-closes-for-485-million/feed/ 0 http://www.richmondbizsense.com/2009/02/09/contractor-sues-qimonda-over-unpaid-invoices/ http://www.richmondbizsense.com/2009/02/09/contractor-sues-qimonda-over-unpaid-invoices/#comments Mon, 09 Feb 2009 12:32:10 +0000 Al Harris http://www.richmondbizsense.com/?p=4261 Richmond-based ColonialWebb Contractors filed a lawsuit against Qimonda seeking $369,495 in unpaid invoices. The lawsuit was filed in Henrico County District Court last Monday. Qimonda announced that it was shutting down all operations at its Sandston manufacturing facility the next day. According to the filing, ColonialWebb was contracted by Qimonda in December 2006 to service ]]> http://www.richmondbizsense.com/2009/02/09/contractor-sues-qimonda-over-unpaid-invoices/feed/ 0 http://www.richmondbizsense.com/2009/02/09/sk-menswear-files-chapter-11-bankruptcy/ http://www.richmondbizsense.com/2009/02/09/sk-menswear-files-chapter-11-bankruptcy/#comments Mon, 09 Feb 2009 11:25:23 +0000 Aaron Kremer http://www.richmondbizsense.com/?p=4291 Richmond-based men’s clothier  S&K Famous Brands, Inc has filed for Chapter 11 Bankruptcy Protection in an effort to get out of leases, trim costs, and prevent further erosion of vendor confidence. The company lists assets of $41,440,100 and debts of $35,499,000 (not including operating leases). There will be a hearing at 2:00 today in Richmond. ]]> http://www.richmondbizsense.com/2009/02/09/sk-menswear-files-chapter-11-bankruptcy/feed/ 8 http://www.richmondbizsense.com/2009/01/19/getting-stiffed/ http://www.richmondbizsense.com/2009/01/19/getting-stiffed/#comments Tue, 20 Jan 2009 00:42:23 +0000 Aaron Kremer http://www.richmondbizsense.com/?p=3826 Hurry up and wait. That’s the only option for local businesses owed money by bankrupt Circuit City and LandAmerica. More than 1,000 entities are owed money by Circuit City, according to a list of creditors filed with the bankruptcy court in Richmond, and the money from a liquidation sale might not yield enough money to ]]> http://www.richmondbizsense.com/2009/01/19/getting-stiffed/feed/ 0 http://www.richmondbizsense.com/2008/10/15/will-the-number-of-bankrupt-richmonders-and-businesses-keep-rising/ http://www.richmondbizsense.com/2008/10/15/will-the-number-of-bankrupt-richmonders-and-businesses-keep-rising/#comments Wed, 15 Oct 2008 17:26:05 +0000 admin http://www.richmondbizsense.com/?p=2856 One Richmond bankruptcy lawyer says personal and business bankruptcy filings are likely going to rise higher in coming months as credit remains tight and the economy sluggish. Roy Terry, a bankruptcy attorney at Durrette Bradshaw, said his phone has been ringing twice as much in the last few weeks with anxious folks telling him about ]]> http://www.richmondbizsense.com/2008/10/15/will-the-number-of-bankrupt-richmonders-and-businesses-keep-rising/feed/ 0 http://www.richmondbizsense.com/2008/09/22/anyone-know-embassy-row-properties/ http://www.richmondbizsense.com/2008/09/22/anyone-know-embassy-row-properties/#comments Mon, 22 Sep 2008 13:30:08 +0000 Aaron Kremer http://www.richmondbizsense.com/?p=3434 A company called Embassy Row Properties, LLC filed for Chapter 7 Bankruptcy in Richmond. I can’t find any info on them. Do they own any local developments]]> http://www.richmondbizsense.com/2008/09/22/anyone-know-embassy-row-properties/feed/ 0 http://www.richmondbizsense.com/2008/08/26/a-flood-of-bankruptcies-could-sink-more-boats/ http://www.richmondbizsense.com/2008/08/26/a-flood-of-bankruptcies-could-sink-more-boats/#comments Tue, 26 Aug 2008 15:17:30 +0000 Aaron Kremer http://www.richmondbizsense.com/?p=3004 Spurred by housing sector woes and the ensuing credit crunch, bankruptcies around Richmond are spiking to the highest levels in a decade. Most filers in the area are individuals who can no longer tap equity in their homes to pay off credit cards. But the enormous rise in bankruptcies is also spilling over to the ]]> http://www.richmondbizsense.com/2008/08/26/a-flood-of-bankruptcies-could-sink-more-boats/feed/ 0