Legal Archive

Date Set for One Bank & Trust Sale

by Arkansas Business Staff 5/1/2017 12:00 am

Standing first in line for the court-ordered sale of controlling interest in Little Rock's One Bank & Trust is the United States of America, with a potential credit bid of up to $47.9 million.

Allegiance Health Seeks Tax-Backed Infusion from Eureka Springs

by Mark Friedman 5/1/2017 12:00 am

Allegiance Health Management Inc. of Shreveport, the troubled health care management company that originally planned to build a new hospital in Eureka Springs, is now asking city taxpayers to borrow millions to renovate a facility that is nearly 100 years old.

North Metro Medical Center Faces Lawsuits, Tax Liens

by Mark Friedman 5/1/2017 12:00 am

Since January 2015, North Metro Medical Center in Jacksonville has been hit with $4 million worth of tax liens by the IRS and several lawsuits from vendors.

PACE Financing Under Fire From Tom Cotton

by Kyle Massey 5/1/2017 12:00 am

Pulaski County Judge Barry Hyde calls PACE financing a home run, something that makes "a lot of sense to a lot of people." U.S. Sen. Tom Cotton calls PACE a scam to "trick seniors into taking out high-interest loans for 20 years, along with liens on their homes."

Mitchell Williams Expands Legal Team (Movers & Shakers)

by Arkansas Business Staff 5/1/2017 12:00 am

Benjamin D. Brenner, Jason T. Browning, John S. Bryant, Adria W. Conklin, Margaret A. Johnston, Scott Provencher and Mandy Stanton of Little Rock and Wendy L. Johnson of Rogers have been elected as members of Mitchell Williams Selig Gates & Woodyard PLLC.

NWA Vacancy Rates Stable As New Buildings Go Modern

by Marty Cook 5/1/2017 12:00 am

The success of new office construction is partially based on the quality of product but also because of the demand for it.

Asa Hutchinson Dismisses Calls for Full Execution Probe

by Kelly P. Kissel and Andrew DeMillo, The Associated Press 4/28/2017 02:00 pm

The Arkansas governor says that he sees no reason for anything beyond a routine review of the state's execution procedures after a condemned inmate lurched and convulsed 20 times during a lethal injection.

Inmate Convulses During Deadline-Beating Execution

by Kelly P. Kissel and Andrew DeMillo, The Associated Press 4/28/2017 07:35 am

Arkansas wrapped up an accelerated executions schedule with a lethal injection that left the condemned inmate lurching and convulsing before he died, prompting calls for investigations and renewed scrutiny.

Arkansas Prepares to Conclude Aggressive Execution Schedule

by Kelly P. Kissel and Andrew DeMillo, The Associated Press 4/27/2017 07:05 am

Arkansas will reach the end of an aggressive execution schedule Thursday as it prepares for a fourth lethal injection in a week after initially planning twice as many over an 11-day period.

Little Rock Prosecutors Indict 8 More Floridians in IRS Scam

by Arkansas Business Staff 4/26/2017 04:47 pm

The eight, seven of whom were arrested Tuesday, join two other already accused of running a nationwide scheme to steal $8.8 million from more than 7,000 taxpayers by impersonating IRS agents.

Brandon Woodrome Sentenced to 41 Months in Prison

by Arkansas Business Staff 4/26/2017 10:08 am

A federal court judge sentences former Fort Smith construction company owner Brandon Woodrome to 41 months in prison and three years of supervised release for bank and wire fraud.

After Agreement in Court, Glo Reinstates All Flights

by Lance Turner 4/25/2017 05:01 pm

Glo Airlines of New Orleans reached an agreement in bankruptcy court that will allow it to reinstate all flights canceled amid a contract dispute with its direct air carrier.

Contractor Says Jonesboro Hotel & Convention Center Owes $1.5M

by Mark Friedman 4/25/2017 11:42 am

The troubled Jonesboro Hyatt Place Hotel & Convention Center hasn't made any payments to the general contractor and now owes $1.5 million to subcontractors and a supplier, according to court filings.

Higher Education Bubble Vexing for Arkansas Institutions

by Gwen Moritz 4/24/2017 12:00 am

Runaway inflation in the health care sector is obvious to every American family, but when a kid heads to college, this fact hits home: The consumer cost of higher education has inflated even faster over the past quarter-century.

Imbalance of Power (Gwen Moritz Editor's Note)

by Gwen Moritz 4/24/2017 12:00 am

Consolidation of the airline industry has left consumers with fewer choices. It's increasingly a seller's market, and the airlines know it.

Lawsuit a Low Note for Arvest Notary

by Arkansas Business Staff 4/24/2017 12:00 am

An Oklahoma man who said his name was forged on a loan document is going after the notary who allegedly signed off on the paperwork.

Even in Bankruptcy, College Debt Stands

by Mark Friedman 4/24/2017 12:00 am

Generally, student loans aren't discharged in bankruptcy, leaving borrowers with the debt after they've gone through the process. That could be a problem for the growing number of borrowers.

Harps Makes David Ganoung Marketing VP (NWA Movers & Shakers)

by Arkansas Business Staff 4/24/2017 12:00 am

David Ganoung has been promoted to vice president of marketing at Harps Foods Stores Inc. of Springdale.

Courtni Champion Claims Exec Seat at Apartment Hunters (Movers & Shakers)

by Arkansas Business Staff 4/24/2017 12:00 am

Courtni Champion has been promoted to leasing and relocation director at Apartment Hunters/Tuggle Services Inc. of Little Rock, where she was previously a leasing and relocation specialist.

U.S. Judge Dismisses Stone Bank Fraud Case

by George Waldon 4/24/2017 12:00 am

A fraud conspiracy complaint filed in federal court by the former chairman and one-time largest shareholder of Stone Bank has been dismissed.

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