Legal Archive

Arkansas Gets $620K in Settlement with Shire Pharmaceuticals

by Arkansas Business Staff 9/25/2014 02:02 pm

Attorney General Dustin McDaniel says Arkansas, other states and the federal government have reached an agreement with Shire Pharmaceuticals LLC to settle allegations that the drug manufacturer illegally marketed five of its drugs.

State Asks Court to Dismiss Stephens' Challenge to Minimum Wage Measure

by Andrew DeMillo, The Associated Press 9/25/2014 11:32 am

Secretary of State Mark Martin asked the Arkansas Supreme Court on Wednesday to dismiss a lawsuit from a Little Rock businessman who is trying to keep off the November ballot a measure to raise the state's minimum wage.

Arkansas AG: Mark Martin's Office to Defend Voter ID

by Associated Press 9/24/2014 02:32 pm

Attorney General Dustin McDaniel says the secretary of state's office will argue for upholding the state's voter ID law when the case goes before the Arkansas Supreme Court.

'Jobs Now' Summit Examines Growing Skills Gap

by Mark Carter 9/24/2014 07:30 am

Ways to address a growing manufacturing skills gap was the focus of Tuesday's "Jobs Now: Arkansas Works When We Do" summit hosted by the Arkansas State Chamber of Commerce.

Head of Arkansas Youth Services to Resign

by Associated Press 9/23/2014 01:17 pm

Former state lawmaker Tracy Steele is resigning as the director of the Arkansas Department of Human Services' Division of Youth Services.

Jackson Stephens Jr. Files Lawsuit Over Arkansas Minimum Wage Measure

by Andrew DeMillo, The Associated Press 9/23/2014 09:13 am

A lawsuit filed before the Arkansas Supreme Court on Monday is seeking to block from the November ballot a proposal to gradually raise the state's minimum wage.

James Moody Returns to Wright Lindsey & Jennings

by Arkansas Business Staff 9/22/2014 03:18 pm

After retiring from the federal bench in March, James M. Moody Sr. has decided to return to his old stomping grounds at Wright Lindsey & Jennings LLP in Little Rock.

Landers Auto Dealership Drives $22.1M Toyota Sale (Real Deals)

by George Waldon 9/22/2014 12:00 am

Luther Auto Group's acquisition of Steve Landers Toyota in Little Rock generated a real estate transaction valued at $22.1 million. A former Metropolitan National Bank branch in west Little Rock is under new ownership after a $1.76 million sale. And a 27,832-SF piece of the Arcade Building in downtown Little Rock changed hands in a transaction valued at $1.2 million.

Southern Rice & Cotton Says Turner Grain Bounced Million-Dollar Check

by Arkansas Business Staff 9/22/2014 12:00 am

Last week, Southern Rice & Cotton LLC filed a lawsuit in Poinsett County Circuit Court against Turner Grain Merchandising Inc. of Brinkley and a number of defendants, including Jason Coleman, Turner's vice president, and KBX Inc. of Benton.

Arkansas Business Presents 2014's 'The New Influentials: 20 In Their 20s'

by Gwen Moritz 9/22/2014 12:00 am

Since 2009 Arkansas Business has sought out talented young leaders in our business and nonprofit community to introduce in a feature called The New Influentials: 20 in Their 20s.

Matt Lile Pleads Guilty to Embezzlement, Agrees to 1-Year Prison Sentence

by Gwen Moritz 9/19/2014 04:58 pm

Lile, 56, agreed to pay full restitution for stealing from Cosmopolitan Life Insurance Co., which state insurance regulators took into receivership in 2009. Lile was also well known as the former owner of Lulav restaurant in Little Rock.

Harrison Bank Files Lawsuit Against Dennis Smiley

by Marty Cook 9/19/2014 08:11 am

Community First Bank of Harrison files a three-count civil lawsuit against former Arvest Bank executive Dennis Smiley Jr. on Thursday.

State Supreme Court Denies Alltel Motion for Arbitration

by Mark Friedman and Lee Hogan 9/18/2014 11:31 am

The Arkansas Supreme Court sided with a Saline County Circuit Court ruling and denied Alltel Corp. of Little Rock, which sold to Verizon Wireless in 2009, arbitration in a class-action case.

Crittenden Regional Hospital Files Chapter 7 Bankruptcy

by Mark Friedman 9/17/2014 05:21 pm

Crittenden Regional Hospital of West Memphis filed for Chapter 7 bankruptcy protection last week, listing estimated debts between $500,000 and $1 million.

Court Formalizes Settlement With Banks Over Dennis Smiley Assets

by George Waldon 9/17/2014 03:26 pm

Eighteen lenders were dismissed from the battle over assets once owned by former Arvest Bank executive Dennis Smiley Jr.

Judge Dismisses Case on Hot Springs Water Issue

by Lance Turner 9/16/2014 09:18 am

A circuit judge says a measure that would have stopped Hot Springs from using DeGray Lake as a supplemental water source will not be on the November ballot.

Governor's Quality Awards Go to 28 Arkansas Organizations

by Arkansas Business Staff 9/16/2014 08:28 am

The 20th annual event was held at the Marriott Hotel in downtown Little Rock before an audience of more than 400 business and civic leaders. In addition to recognizing the winers, 16 past awards recipients were recognized.

Mike Beebe Replaces Maggio Post, Names Others to Boards, Commission

by Arkansas Business Staff 9/15/2014 09:32 am

Gov. Mike Beebe on Monday appointed Michael Murphy of Conway to replace Mike Maggio as Circuit Judge in the 2nd Division Court of the 20th Judicial District.

Natural Gas in Fayetteville Shale Takes Arkansas from Zero to Billions in 10 Years

by Michelle Corbet 9/15/2014 12:00 am

In the past decade, the players in the Fayetteville Shale have shuffled and consolidated, drilling has peaked and retreated, employment has expanded and contracted, technology has advanced, environmental and infrastructure concerns have reared their heads and government has responded.

Royalty Owners Haul Exxon Subsidiary XTO to Court Over Royalties

by Mark Friedman 9/15/2014 12:00 am

Independence County plaintiffs say in a federal lawsuit that XTO wasn't getting the highest price possible for natural gas because it was selling the product to its own subsidiary, Cross Timbers Energy Services Inc., at below-market prices.