http://www.richmondbizsense.com Richmond's Homepage For Business News Thu, 09 Feb 2012 18:51:01 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://www.richmondbizsense.com/2011/07/20/landamerica-workers-will-finally-get-their-share/ http://www.richmondbizsense.com/2011/07/20/landamerica-workers-will-finally-get-their-share/#comments Wed, 20 Jul 2011 11:52:24 +0000 admin http://www.richmondbizsense.com/?p=30896 A long-awaited court decision will free up a portion of the severance promised to former employees of the collapsed firm]]> http://www.richmondbizsense.com/2011/07/20/landamerica-workers-will-finally-get-their-share/feed/ 2 http://www.richmondbizsense.com/2011/07/08/former-landamerica-bosses-slapped-with-365m-suit/ http://www.richmondbizsense.com/2011/07/08/former-landamerica-bosses-slapped-with-365m-suit/#comments Fri, 08 Jul 2011 11:21:08 +0000 Michael Schwartz http://www.richmondbizsense.com/?p=30531 A new lawsuit is trying to dig deep into the pockets of former LandAmerica brass, including some big Richmond names. ]]> http://www.richmondbizsense.com/2011/07/08/former-landamerica-bosses-slapped-with-365m-suit/feed/ 7 http://www.richmondbizsense.com/2009/12/29/top-10-business-news-events-of-2009/ http://www.richmondbizsense.com/2009/12/29/top-10-business-news-events-of-2009/#comments Tue, 29 Dec 2009 12:20:44 +0000 Aaron Kremer http://www.richmondbizsense.com/?p=14373 This has been a rough year, as the recession ripped through Richmond. Decades-old companies disappeared. It’s also time to start saying our goodbyes to Ukrop’s, although the stores won’t be changing over just yet. But there were uplifting moments, and some funny ones, too. Plus, tough times are instructional. We tallied the Top 10 biggest moments in business, and there is some painful medicine there. But there’s lots of reasons for encouragement – some of which we’ll be getting to in tomorrow’s Top 10 trends to watch]]> http://www.richmondbizsense.com/2009/12/29/top-10-business-news-events-of-2009/feed/ 2 http://www.richmondbizsense.com/2009/11/18/surprise-former-landamerica-customers-vote-for-bankruptcy-plan/ http://www.richmondbizsense.com/2009/11/18/surprise-former-landamerica-customers-vote-for-bankruptcy-plan/#comments Wed, 18 Nov 2009 11:32:09 +0000 Aaron Kremer http://www.richmondbizsense.com/?p=13403 Almost all of the former customers of LandAmerica’s 1031 exchange -- many of whom are owed hundreds of thousands of dollars each -- have come to the final stage of grief: acceptance]]> http://www.richmondbizsense.com/2009/11/18/surprise-former-landamerica-customers-vote-for-bankruptcy-plan/feed/ 0 http://www.richmondbizsense.com/2009/10/20/landamerica-settlement-hard-swallow-for-former-customers/ http://www.richmondbizsense.com/2009/10/20/landamerica-settlement-hard-swallow-for-former-customers/#comments Tue, 20 Oct 2009 11:12:30 +0000 Aaron Kremer http://www.richmondbizsense.com/?p=12489 LandAmerica’s former 1031 exchange customers can either battle themselves for the shrinking scraps or collect some money now and hope two lawsuits recover the rest of their money. Some are getting only 25% back, for now. And it has destroyed the life of Californian Rosanna Passantino, who tells BizSense she is now on public assistance after LandAmerica did not return $350,000 she needed to buy a new day care]]> http://www.richmondbizsense.com/2009/10/20/landamerica-settlement-hard-swallow-for-former-customers/feed/ 3 http://www.richmondbizsense.com/2009/07/07/chamber-exits-workforce-development-cuts-1-job/ http://www.richmondbizsense.com/2009/07/07/chamber-exits-workforce-development-cuts-1-job/#comments Tue, 07 Jul 2009 11:22:15 +0000 Al Harris http://www.richmondbizsense.com/?p=9151 Kim Scheeler, president and chief executive, said the organization is stepping back from workforce development so as not to complicate the efforts of the newly formed board. As a result, one position was eliminated. The Chamber is focusing more on high speed rail, according to Scheeler]]> http://www.richmondbizsense.com/2009/07/07/chamber-exits-workforce-development-cuts-1-job/feed/ 0 http://www.richmondbizsense.com/2009/05/13/hurry-up-and-wait-how-much-will-landamerica%e2%80%99s-1031-customers-recover/ http://www.richmondbizsense.com/2009/05/13/hurry-up-and-wait-how-much-will-landamerica%e2%80%99s-1031-customers-recover/#comments Wed, 13 May 2009 11:09:21 +0000 Aaron Kremer http://www.richmondbizsense.com/?p=7473 The saga keeps getting worse for 450 former LandAmerica customers who last fall tried to complete a simple real estate deal and now can’t get funds they thought would be safely held for a few months by the formerly Richmond-based Fortune 1,000 company. With every passing month, legal expenses are gobbling up millions of a ]]> http://www.richmondbizsense.com/2009/05/13/hurry-up-and-wait-how-much-will-landamerica%e2%80%99s-1031-customers-recover/feed/ 2 http://www.richmondbizsense.com/2009/04/28/landamerica-jet-goes-to-auction/ http://www.richmondbizsense.com/2009/04/28/landamerica-jet-goes-to-auction/#comments Tue, 28 Apr 2009 11:27:31 +0000 Al Harris http://www.richmondbizsense.com/?p=6920 After flying high on the mortgage boom, LandAmerica took a nosedive when the title company filed for bankruptcy last year. With the company grounded, it apparently no longer has a need for the corporate jet, a 1999 Hawker Beechcraft 400A. The jet, owned by LandAmerica subsidiary Beech Fly LLC, will be auctioned by Martin Air ]]> http://www.richmondbizsense.com/2009/04/28/landamerica-jet-goes-to-auction/feed/ 3 http://www.richmondbizsense.com/2009/01/22/was-landamerica%e2%80%99s-1031-business-a-ponzi-scheme/ http://www.richmondbizsense.com/2009/01/22/was-landamerica%e2%80%99s-1031-business-a-ponzi-scheme/#comments Thu, 22 Jan 2009 15:53:09 +0000 Aaron Kremer http://www.richmondbizsense.com/?p=3772 The gloves have come off as former LandAmerica customers fight to retrieve money they gave to the company to hold for a few months. Lawyers representing former customers of LandAmerica’s 1031 Exchange business have filed two class action lawsuits against the company, alleging that the Richmond-based firm committed fraud and was using money from new ]]> http://www.richmondbizsense.com/2009/01/22/was-landamerica%e2%80%99s-1031-business-a-ponzi-scheme/feed/ 1 http://www.richmondbizsense.com/2009/01/21/henricos-plan/ http://www.richmondbizsense.com/2009/01/21/henricos-plan/#comments Thu, 22 Jan 2009 00:21:02 +0000 Al Harris http://www.richmondbizsense.com/?p=3803 Qimonda, LandAmerica, Circuit City, Genworth. Four of the major corporations and private employers in Henrico County have shed at least 5,000 high-paying jobs. And it’s likely to get worse before it gets better, says Leonard Cake, the county’s director of economic development. Still, the county has more than 20,000 businesses, and as of November the ]]> http://www.richmondbizsense.com/2009/01/21/henricos-plan/feed/ 0