Legal Archive

In Fraud By Kevin Lewis, Blame Is On Trial

by Mark Friedman 5/9/2016 12:00 am

In a civil trial scheduled to start next Monday, the Federal Deposit Insurance Corp. will blame regional accounting firm BKD LLC for failing to uncover the massive fraud that led to the 2010 failure of First Southern Bank of Batesville.

One Bank & Trust Capitalization Plan Forms

by George Waldon 5/9/2016 12:00 am

Little Rock's One Bank & Trust hasn't generated a normal quarterly profit since the Office of the Comptroller of the Currency ousted Layton “Scooter” Stuart as CEO in September 2012.

All's Quiet on the Acme Bankruptcy Front

by George Waldon 5/9/2016 12:00 am

The parent company of Mulberry's Allied Bank marked its second year in bankruptcy last month.

Steven Quattlebaum Recognized as Lawdragon Leading Lawyer (Movers & Shakers)

by Arkansas Business Staff 5/9/2016 12:00 am

Steven W. Quattlebaum, a managing member of Quattlebaum Grooms & Tull PLLC in Little Rock, was recently selected as a member of the Lawdragon 500 Leading Lawyers in America for the fifth time.

Little Rock Settles Lawsuit Over 2010 Police Shooting

by Claudia Lauer, Associated Press 5/6/2016 01:10 pm

Little Rock agreed Friday to settle a lawsuit brought by the family of 67-year-old black man who was fatally shot in 2010 after two off-duty, white police officers entered his apartment without a warrant.

Fort Smith Attorney Surrenders License After Admitting Theft

by Associated Press 5/5/2016 11:49 am

The Arkansas Supreme Court's Committee on Professional Conduct has accepted the voluntary surrender of a Fort Smith attorney's law license after he admitted taking $100,000 from his firm for personal use.

Arkansas Court Orders Contempt Hearing for Circuit Clerk

by Associated Press 5/5/2016 11:39 am

Lincoln County Circuit Clerk Cindy Glover has pleaded not guilty to a contempt charge before the Arkansas Supreme Court.

Former Arkansas Senator Reports to Prison for 18-Month Term

by Associated Press 5/3/2016 03:44 pm

A former Arkansas Senate president pro tem has reported to federal prison to begin serving an 18-month sentence for spending more than $150,000 in campaign funds on personal items.

Hanna's Candle Gets Burned in Court Judgment

by Arkansas Business Staff 5/2/2016 12:00 am

Last week, Bank of America received a final judgment totaling $6.2 million against Hanna's Candle Co. of Fayetteville, its owner, Burt Hanna, and two of his limited liability companies.

US Employment, Earnings Gains Rose in March

by Arkansas Business Staff 5/2/2016 12:00 am

The U.S. economy continued to rebound in March, as private-sector employment and average hourly earnings rose.

Arkansas Convention Center Troubles Dog Texarkana Investor

by Mark Friedman 5/2/2016 12:00 am

Dr. Hiren D. Patel's investments in a convention center and hotels on both sides of Texarkana have turned into one financial headache after another.

Soul of the South Investors Battle Over KMYA License

by George Waldon 5/2/2016 12:00 am

The broadcast license for KMYA-TV, Channel 49, that Soul of the South Network investors are fighting over was an important piece to a funding puzzle two years ago.

Crittenden Hospital Association Bankruptcy Case Could Last Into 2018

by Mark Friedman 5/2/2016 12:00 am

It might take another two years before the Crittenden Hospital Association's Chapter 7 bankruptcy liquidation is over, the trustee in the case said last week.

Structural Failure (Gwen Moritz Editor's Note)

by Gwen Moritz 5/2/2016 12:00 am

Former Speaker of the House Dennis Hastert and state Auditor Andrea Lea get put on the Moritz Scale of Political Bad Behavior, and their scores are going to look much closer together than the nature of their bad behavior would justify.

Jennifer Chunn Hired at Cross Gunter Witherspoon & Galchus (Movers & Shakers)

by Arkansas Business Staff 5/2/2016 12:00 am

Chunn was previously a grants manager for the Arkansas Economic Development Commission. She earned her degree in journalism and a juris doctorate from the University of Arkansas at Fayetteville.

In Arkansas, Seven Campaigns Aim for Alcohol Sales

by Sarah Campbell 4/25/2016 10:53 am

Five counties and two cities are collecting signatures in hopes that voters can decide in November whether to allow alcohol sales in their communities.

State Supreme Court Keeps Eye on Attorney Sanctions

by Arkansas Business Staff 4/25/2016 12:00 am

The 16 attorneys facing sanctions for abusing the federal court system in a controversial class-action case aren't the only ones interested in what U.S. District Court Judge P.K. Holmes III will do on June 24.

Arbitration Reveals Wide Leeway in Scott Reed Contracts

by Arkansas Business Staff 4/25/2016 12:00 am

When AMR Construction landed an arbitration award for unpaid work on the Main Street Lofts project in downtown Little Rock, the ruling provided a glimpse into the chaotic development world of Scott Reed, who led the ownership group and oversaw the project.

Holmes Highlights Other Class-Action Cases Settled in State Court

by Mark Friedman 4/25/2016 12:00 am

Going to Arkansas state courts to settle class-action cases and avoid federal review has generated a total of $8.34 million in attorneys' fees and expenses in five cases.

AMR Construction Begins Foreclosure Action on Main Street Lofts

by George Waldon 4/25/2016 12:00 am

Little Rock's AMR Construction LLC staked a priority claim to recover $896,756 for unpaid work on the unfinished three-building, 125,000-SF redevelopment at 510-524 Main St.