It joins Guitar Center, J. Crew, Pier 1 Imports, Lord & Taylor, and many others that have filed Chapter 11 in Richmond over the last 12 months.
The trustee accused the legal services giant of keeping the law firm alive longer than it should have but it said she presented “a misguided narrative.”
A landlord says a financial services company owes $200,000 per its lease agreement. BizSense Pro members get full access.
Billy Tunner is now at the helm but Chris Malone, who joined the firm in 1981, will continue his law practice there.
Of the thousands of stories and millions of page views on Richmond BizSense this year, there were some that captured the attention of readers more than others.
The federal court’s reputation lured national retailers, legal controversies unfolded and law firms made moves.
The Chester-based hotelier, which owns more than 60 hotels mostly around the mid-Atlantic, fell behind on loan payments due to the pandemic.
“Whether it was 2,000 years ago at the Roman Coliseum or 400 years ago at a Shakespearean play, it’s just in our DNA that people need to get together,” buyer Scott Ling said of the events business.
LaMar Dixon isn’t giving up on his long-promised business incubator, even if the building it was planned for remains in legal limbo. The local real estate agent and principal of Dixon/Lee Development Group is preparing to open Capital Station, an incubator for first-time entrepreneurs, at 1322 W. Broad St. The VCU-area storefront is about a… Read more »
The retailer filed for bankruptcy in August but Black Friday was a success, foot traffic has picked up and its website has seen sales increase 15 fold.