Legal

Defense Attorneys Appeal Ruling in Class-Action Case

Defense Attorneys Appeal Ruling in Class-Action Case

Three defense attorneys last week followed the path of the plaintiffs' attorneys and filed notice that they will appeal Chief U.S. District Court Judge P.K. Holmes III's finding that they abused the court system in a controversial class-action case.
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NorthShore Raid Focus of Federal Grand Jury

A federal grand jury has been hearing testimony related to the August 2015 searches of Powers of Arkansas and Kullander Construction Co.
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Wal-Mart To Make Case in Court Over Trademark

Wal-Mart Stores' feud with a smartphone case and accessory company has now spilled over into U.S. District Court.
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Recruiting Billion-Dollar Shandong Sun Paper Mill Starts With Breakfast

The future pulp mill site, five miles south of Arkadelphia, represents Shandong Sun Paper's first North American project. Construction of the complex is expected to begin a year from now and produce 250 new jobs to staff it when fully operational in 2020.
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Scott Reed Faces New Foreclosure Over K Lofts

IberiaBank of Lafayette, Louisiana, sued to recover more than $1.4 million owed on an original June 2013 loan of $1.3 million to Scott Reed's K Lofts project. read more >

Property, Cash Included in One Bank's Settlement with BHL

Johnelle Hunt's BHL Financing LLC received assets valued at $2.8 million in its settlement with Little Rock's One Bank & Trust. read more >

Marion Bank Ordered To Pay Letter of Credit Related to Crittenden Regional Bankruptcy

An insurance company had a straightforward $300,000 commercial letter of credit from First Community Bank of Eastern Arkansas, and that's bad news for the Marion bank with $150.8 million in assets. read more >

Charles Morgan Sues Partner in Lotus Auto Deal

The wheels came off a deal to start an exotic car dealership in California that had the backing of Charles Morgan, the former chairman and CEO of Acxiom Corp. read more >

Even With Internet, Nate Coulter Sees Long Shelf Life for Libraries

Nate Coulter was named executive director of the Central Arkansas Library System in December, replacing Bobby Roberts, who retired in March. read more >

Wal-Mart's McMillon Tops Compensation List of 100 Arkansas Pubic Company Execs

C. Douglas McMillon, CEO of Wal-Mart Stores Inc., has returned to the No. 1 spot on the annual list of executive compensation at publicly traded companies headquartered in the state. read more >

No Fiercer Newspaper War: 25 Years After the Arkansas Gazette's Closing, Veterans Consider Consequences

The last shot between the Arkansas Gazette and the Arkansas Democrat was fired nearly 25 years ago when the Gazette, the oldest business in the state, was shut down after 172 years and its assets were sold to its rival. read more >

Allcorp Follows Acme Holding Into Bankruptcy

The Chapter 11 filing by Little Rock's Allcorp Inc. in July marks the third Arkansas bank holding company to enter bankruptcy court in four years. read more >

Wal-Mart Takes Texas to Court to Crack Liquor-Sales Market

Wal-Mart's court fight to sell liquor at its stores in Texas looks to be back on track, but the courtroom is getting crowded. A federal appeals court is allowing a trade group representing liquor store operators to join a stalled federal lawsuit Wal-Mart filed against the Texas agency that hands out permits to sell booze by the bottle. read more >

Arkansas Asks US Supreme Court to Weigh in on Crash Reports

Arkansas Attorney General Leslie Rutledge is asking the nation's highest court to weigh in on whether a 1994 federal law prevents Arkansas State Police from releasing all driver and survivor information on accident reports. read more >

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