Legal Archive

Testimony: Arvest Bank Was Jim Bolt's Biggest Victim

by Gwen Moritz 6/24/2014 11:04 am

The Fayetteville bank had to make good on a guarantee it issued when Bolt fraudulently claimed $1.9 million in assets held as unclaimed by the state of California, an FBI agent testified Monday.

Burgundy Book: Slight Economic Improvement in Arkansas

by Mark Carter 6/24/2014 09:07 am

According to a May survey of business leaders in the state, the near-term outlook for the Little Rock zone improved slightly.

Dustin McDaniel Files Suit Against Chiropractic 'Runners'

by Arkansas Business Staff 6/23/2014 04:28 pm

Attorney General Dustin McDaniel has filed a consumer-protection lawsuit in Pulaski County Circuit Court against Roger D. Pleasant, the businesses he owns and his employees for deception and harassing tactics in their attempts to convince accident victims to visit a chiropractor.

Bolt Sentenced to 100 Months in Prison; Ordered to Pay $2.5M in Restitution

by Arkansas Business Staff 6/23/2014 02:33 pm

James W. "Jim" Bolt was sentenced to 100 months in federal prison on Monday, and ordered to pay $2.5 million in restitution. Bolt pleaded guilty to mail fraud, wire fraud and money laundering in January.

Government Recovers $4M in Late Mountain Home Doctor's Medicare Fraud Case

by Arkansas Business Staff 6/23/2014 02:04 pm

More than $4 million in property has been recovered as result of a claim filed against the probate estate of Dr. Stacey M. Johnson of Mountain Home and a civil forfeiture action.

Barber Attorney Vaughn Knight's Case Remains in Limbo as Conner Eldridge Considers Next Move

by Mark Friedman 6/23/2014 12:00 am

Conner Eldridge, U.S. attorney for the Western District of Arkansas, said last week that he's still deciding what to do with the case of K. Vaughn Knight, the attorney for former northwest Arkansas real estate developer Brandon Barber.

Bolt Sentencing Could Hinge on ‘Extraordinarily Lengthy Criminal History'

by Arkansas Business Staff 6/23/2014 12:00 am

James W. “Jim” Bolt's defense attorney has been squabbling with federal prosecutors over the seriousness of the crimes to which Bolt pleaded guilty in January.

Barber Banker James Van Doren Reconsiders Guilty Plea

by Arkansas Business Staff 6/23/2014 12:00 am

James Van Doren, the New York investment banker and ex-friend of former high-flying northwest Arkansas developer Brandon Barber, has asked to withdraw his guilty plea to one count of money laundering for Barber. U.S. District Judge P.K. Holmes III recently denied that motion.

Arkansas Business Presents the 40 Under Forty Class of 2014

by Gwen Moritz 6/23/2014 12:00 am

This week, Arkansas Business presents its 21st class of 40 Under 40 honorees. This year's honorees represent our state's geography — Pine Bluff, England, Jonesboro, Conway, Fort Smith, Rogers — and the diversity of our business community — farming, finance, medicine, academia, nonprofits.

Legislators Tell State Supreme Court: Uphold Ban on Gay Marriages

by Chuck Bartels, The Associated Press 6/20/2014 11:25 am

A resolution asking the Arkansas Supreme Court to uphold a voter-approved constitutional amendment banning same-sex marriages, which a circuit judge recently overturned, won support from state lawmakers Friday.

Video: Both Sides Claim Harassment in Wet-Dry Signature Drive

by Lance Turner 6/20/2014 08:31 am

Feelings are running high over the wet-dry question, particularly Faulkner County. Meanwhile, the groups that want to put it for a vote have until July 7 to collect the signatures they need.

David Couch Files Complaint Against Wet-Dry Opposition Group in Faulkner County

by Lee Hogan 6/19/2014 04:42 pm

Little Rock attorney David Couch, who is leading an effort to put a proposed constitutional amendment on the November ballot that would legalize sales in all Arkansas counties, has filed an ethics complaint against an opposition group in Faulkner County.

Reports Shed Light on Backers of Wet, Dry Groups in Arkansas

by Lee Hogan 6/19/2014 04:12 pm

Ballot question committees have spent hundreds of thousands of dollars on wet-dry county battles across the state as the deadline for signatures and the all-important November election loom.

Lawmakers Consider Bills to Shed Light on Contracts, Spending

by Chuck Bartels, The Associated Press 6/18/2014 05:12 pm

Members of a legislative panel on Wednesday looked at ways to expand Arkansas' open records law so taxpayers can find out more about spending in government contracts and possibly get access to other financial records now held in secret.

Pay Tops $1 Million For Seven on Highest-paid Nonprofit Employees List

by Gwen Moritz 6/16/2014 12:00 am

Seven nonprofit employees in Arkansas who earned more than $1 million in the 2012 tax year are either medical doctors or hospital administrators, as are the vast majority of the 262 nonprofit employees whose compensation exceeding $215,000 is reported in this issue.

Tired of eBay? IRS Has Its Own Online Auction Website

by Arkansas Business Staff 6/16/2014 12:00 am

If you're interested in bidding on assets seized by the Internal Revenue Service, auction items are just a click away.

Bryant Man Tells TaxMan How It Will Be

by Arkansas Business Staff 6/16/2014 12:00 am

In a scathing complaint, Brannon Wells of Sheridan, owner of Arkansas Resale LLC, tells how he allegedly was defrauded out of $19,500 by Robert A. Byram, owner of TaxMan Central Inc. of El Dorado.

Ouachita County Judge Pleads Guilty to Bribery Involving FEMA Contract

by Arkansas Business Staff 6/11/2014 12:04 pm

Ouachita County Judge James Michael Hesterly pleads guilty to one count of bribery concerning a program receiving federal funds, according to Conner Eldridge, the U.S. Attorney for the Western District of Arkansas.

Mike Beebe Announces 16 to Boards, Commissions

by Arkansas Business Staff 6/11/2014 11:57 am

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

Contract Clauses Keeping Cases Out of Court Loved by Companies, Not by Customers

by Mark Friedman 6/9/2014 12:00 am

More companies are eagerly adding language to contracts and terms of agreements that require any disputes that arise to be handled in arbitration. Once there, the complaint is decided by an arbitrator rather than in the courts with a judge or jury deciding the case, a procedure that one proponent described as “simpler, fairer, faster.”