Legal Archive

Lindsey Management Facing Numerous Overtime Lawsuits

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

Lindsey Management Co. of Fayetteville, the largest apartment property manager in Arkansas, is dealing with several federal lawsuits from employees who allege they weren't paid overtime.

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.

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.

Rabo AgriFinance Inc. Files Suit Against Turner Grain

by Lee Hogan 9/11/2014 03:10 pm

An agriculture finance company has filed a lawsuit against Turner Grain Merchandising Inc. of Brinkley and its executives, alleging breach of contract and saying Turner owes it nearly $1 million.

Arkansas State to Change Helmet Decals After Complaint

by Lance Turner 9/10/2014 02:52 pm

Arkansas State University will modify helmet decals that honor former player Markel Owens and former equipment manager Barry Weyer after receiving a complaint that the decal in the shape of a cross is a violation of the separation of church and state.

Our Community, Our Dollars Files Appeal Over Saline County Alcohol Vote

by Lee Hogan 9/8/2014 04:25 pm

A local option ballot question committee, funded by Wal-Mart Stores Inc. of Bentonville and Kum & Go of West Des Moines, Iowa, appeals to the Arkansas Supreme Court seeking to allow Saline County residents to vote on legalizing retail alcohol sales.

Mike Beebe Appoints 58 to Boards, Commissions

by Arkansas Business Staff 9/8/2014 02:58 pm

Gov. Mike Beebe announces 58 appointments to state boards and commissions.

First Arkansas Bank Sues NLR Businessman John Rogers for $14.2M

by George Waldon 9/8/2014 01:46 pm

First Arkansas Bank & Trust has sued to collect $14.2 million from North Little Rock businessman John Rogers. Meanwhile, Rogers is no longer involved in day-to-day operations of the photo archive and sports memorabilia venture and hasn't been for more than six months, according to Mac Hogan, who's now running the business.

Acme CFO, Employees Sue Berkshire Hathaway For Cutting Benefits

by Lance Turner 9/8/2014 01:38 pm

Acme Brick's CFO, an Acme employee and an Acme retiree have filed a class-action lawsuit against the brick company's owner, Warren Buffett's Berkshire-Hathaway, saying the company broke its promise not to cut retirement benefits to Acme employees.

Lawsuit Sheds Light on Leaky Properties in Hot Springs

by Arkansas Business Staff 9/8/2014 12:00 am

RichRich Properties LLC of Maumelle bought two commercial properties in Hot Springs in February only to discover that they were money pits.

No Banking Future for Former First Southern CEO Woody Castleberry

by Arkansas Business Staff 9/8/2014 12:00 am

Thanks to the fraud of convicted former Little Rock attorney Kevin Lewis, Woody Castleberry will never work in banking again. Castleberry told us last week that his settlement with the Federal Deposit Insurance Corp. was finally approved. He won't have to pay a penalty, but he agreed never to be involved in banking again.

Turner Grain's Jason Coleman Hires Attorney

by Arkansas Business Staff 9/8/2014 12:00 am

It looks like the defendants of Turner Grain Merchandising Inc. of Brinkley will begin to mount their defense.

Toymaker Redman's Rough History Doesn't Deter State Investment

by Marty Cook 9/8/2014 12:00 am

The state's top economic development official said he has no undue concerns about a $2 million taxpayer investment in Redman & Associates, despite the CEO's bankruptcy a decade ago and subsequent litigation, including a lawsuit related to the product the company is manufacturing in Rogers.

Arkansas Supreme Court Agrees to Raise Bar Exam Fee

by Lance Turner 9/4/2014 11:25 am

The Arkansas Supreme Court today granted a requested by the Board of Law Examiners to raise the fee law students must pay to take the Arkansas Bar Examination.

One Bank Makes Claim on Branch Property Titled to Scooter Stuart Partnership

by Arkansas Business Staff 9/1/2014 12:00 am

A lawsuit challenges who owns the OneBanc branch at 14711 Cantrell Road in west Little Rock. Real estate records indicate a general partnership called Bank Partners. One Bank & Trust claims it is the rightful owner.

David Henry Home Set for Thursday Auction at Pulaski County Courthouse

by Arkansas Business Staff 9/1/2014 12:00 am

In addition to a five-year prison sentence for mail fraud and tax evasion, attorney David Henry Sr. forfeited his Little Rock home as part of a restitution plan to pay back $1.02 million.

Foreign Patent Trolls Threaten Arkansas Economy (Warwick Sabin Commentary)

by Warwick Sabin 9/1/2014 12:00 am

“Patent trolling,” the practice of obtaining large buckets of intellectual property rights with the intention of using them to extract damages and settlement revenue rather than to protect innovation or produce anything, is not a new idea.

Don't Miss Another Chance (Editorial)

by Arkansas Business Editors 9/1/2014 12:00 am

Through no fault of their own, a growing number of farmers — at least a dozen at last count — are spending time in lawyers' offices rather than in the field, crafting civil suits to claim whatever assets may ultimately be left when the dust settles on Turner Grain Merchandising Inc. of Brinkley.

Scooter Stuart's Tainted Assets Draw More Fire

by George Waldon 9/1/2014 12:00 am

This year's number of new lawsuits surrounding the controversial business affairs of the late Layton “Scooter” Stuart indicates the rancor is only growing.

Lawsuit Hits Nerve for Former Friends Fighting Over Medical Fees Earned

by Mark Friedman 9/1/2014 12:00 am

A legal case between Dr. Eren Erdem and Dr. Scott Schlesinger serves as a cautionary tale about the importance of having a contract in place and how quickly a friendship can sour when money is involved.