News

A minority-owned food manufacturer is suing one of the world’s largest privately held food manufacturing companies for millions of dollars in damages.

Verus Financial Management Chief Executive Rich Roberts has sued the company’s venture capital backer, claiming it broke a promise to pay him an extra $10 million from proceeds of Verus’ sale that closed today.

Make a promise, he’ll take you at you word. A handshake equals a signature on the proverbial dotted line.

Shorter College’s failed attempt to escape the Georgia Baptist Convention’s control by dissolving and reincorporating may affect other nonprofits’ attempts to win their freedom from institutional control.

Developers of a planned $120 million luxury hotel on West Paces Ferry Road have sued the owners of One Buckhead Plaza, charging that the landlord reneged on a deal to share parking spaces at an existing parking deck, according to the lawsuit filed with the Fulton County Superior Court.

A lunch at a Mexican restaurant has proven very costly for a key company in Atlanta’s emerging life sciences industry.

In early November, work crews removed the 50-foot-tall “iXL” logo from 1600 Peachtree St., establishing once and for all that Atlanta’s highest-flying dot-com was no more.