Legal Archive

Jonesboro School Files for Bankruptcy, Lists $2.1M in Debts

by Mark Friedman 2/2/2015 12:00 am

Ridgefield Christian School Inc., a private Jonesboro school that serves children from pre-K though the 12th grade, last month filed for Chapter 11 bankruptcy reorganization, listing $2.1 million in debts.

Ownership of Charles Conlon Collection in John Rogers Case Up in the Air

by George Waldon 2/2/2015 12:00 am

The famed collection of major league baseball images captured by Charles Conlon (1868-1945) is among the disputed assets associated with John Rogers. But unlike other collections Rogers purportedly acquired, no one doubts that he obtained an estimated 8,400 glass plate negatives produced by Conlon.

Cards Seized During John Rogers FBI Raid Tied to $6M 'Purchase,' Questions of Authenticity

by George Waldon 2/2/2015 12:00 am

Some of the material that federal agents carried away as evidence on Jan. 28 a year ago came from an area of his North Little Rock enterprise not solely under his control: a double-lock safe that also required First Arkansas Bank & Trust officials to open.

Fort Smith Confronts $480 Million Sewer Bill

by Marty Cook 2/2/2015 12:00 am

Since the federal government said Fort Smith's Clean Water Act violations since 2004 resulted in the discharge of more than 119 million gallons of untreated sewage into waterways, including the Arkansas River, the city has agreed to pay a $300,000 fine and spend $400,000 to help repair private sewer lines in low-income neighborhoods.

Asa Hutchinson Makes Board, Commission Appointments

by Arkansas Business Staff 1/30/2015 03:18 pm

Gov. Asa Hutchinson on Friday announced the following appointments.

Report: State Jobless Rate Down to 5.7 Percent

by Mark Carter 1/27/2015 09:35 am

Arkansas' unemployment rate fell to 5.7 percent in December, dropping two-tenths of a percentage point from November, according to a report from the state Department of Workforce Services.

Global Tel-Link Sues State over Prison Phones

by Arkansas Business Staff 1/26/2015 12:00 am

A company that responded to the state prison system's request for proposals for an inmate call system has filed a lawsuit against the state, arguing it was not fairly evaluated.

Magellan Pipeline Seeks Eminent Domain on Slice of Property

by Arkansas Business Staff 1/26/2015 12:00 am

Magellan Pipeline Company LP, a subsidiary of Magellan Midstream Partners LP of Tulsa, says it's willing to chip in $468 for 0.17 of an acre in Pulaski County. The company has filed a petition in Pulaski County Circuit Court to condemn the land, owned by Jayvian J. Johnson, after he declined to respond to its original offer of $3,065, according to court documents submitted earlier this month.

Trial Set for Former ThermoEnergy Exec Andrew Melton on Fraud Charges

by Arkansas Business Staff 1/26/2015 12:00 am

Melton's facing allegations that he used almost $110,000 of ThermoEnergy's money to pay a personal judgment against him and then doctored the company's financial statements to make it appear that the payments were legitimate business expenses.

Central Arkansas Regains Jobs Lost During Recession

by Arkansas Business Staff 1/26/2015 12:00 am

Metroplan last month released its latest “Metro Trends: Economic Review and Outlook,” which examines what it calls “the new economy” in central Arkansas in the aftermath of the Great Recession.

Arkansas' Biggest Deals of 2014 Soar While Value Slips

by Jan Cottingham 1/26/2015 12:00 am

The mergers and acquisitions spigots were opened wide last year in Arkansas. The number of big deals — those valued at $9 million or more — soared 38 percent, increasing to 101 in 2014 compared with 73 in 2013.

How A Trans-Atlantic Investment Scam Ensnared Credit Union President Joyce Judy

by Gwen Moritz 1/26/2015 12:00 am

The following story of how the president of a small credit union in Little Rock was ensnared in an international investment scam was pieced together from depositions and exhibits filed in the North Carolina civil case and from official documents filed in the criminal cases.

Landowners Seek Ruling On Oil Firm's Eminent Domain Powers

by Lance Turner 1/23/2015 04:04 pm

A group of Arkansas landowners has a filed a petition in Johnson County Circuit Court asking a judge to find that Plains All American Pipeline can't use eminent domain to obtain easements for its planned, $900 million crude oil pipeline.

White County Woman Wins $1.25M Defamation Case Against Website

by Sean Beherec 1/23/2015 01:29 pm

U.S. District Judge Leon Holmes has awarded $1.25 million to a White County woman who was the subject of a post containing defamatory comments published on the website TheDirty.com, her attorney said Friday.

Judge Orders Brandon Barber to Pay $450K in Restitution

by Lance Turner 1/22/2015 10:05 am

U.S. District Judge P.K. Holmes orders former northwest Arkansas real estate developer Brandon Barber to pay $450,000 in restitution to First Federal Bank, a figure significantly less than what the U.S. Attorney's office calculated last fall.

Hutchinson Announces 5 Appointments to Boards, Commissions

by Arkansas Business Staff 1/20/2015 07:39 am

Gov. Asa Hutchinson has announced five appointments to state boards and commissions.

Investor Ivol Green Fined $100K by Arkansas Securities Department

by Arkansas Business Staff 1/19/2015 12:00 am

Do you remember the cease-and-desist order filed against Ivol Green of Little Rock and his Enterprise World Trust LLC by the Arkansas Securities Department almost three years ago? Well, it's getting worse.

Development Duo Joins Centennial Bank in Jonesboro (Movers & Shakers)

by Arkansas Business Staff 1/19/2015 12:00 am

Joey Speir and Brock Ferguson have joined Centennial Bank in Jonesboro as business development officers.

I'm Not Charlie (Gwen Moritz Editor's Note)

by Gwen Moritz 1/19/2015 12:00 am

Free speech in all its forms is a fundamental concept, especially for Americans whose culture has been sculpted by the First Amendment, and yet it can be very hard to grasp and even harder to live by.

First Southern Bank Missed Red Flags With Kevin Lewis Fraud, BKD Says

by Mark Friedman 1/19/2015 12:00 am

The accounting firm BKD LLC is blaming the collapse of First Southern Bank in Batesville on the failure of bank officers and officials to detect former Little Rock attorney Kevin Lewis' fraud.