Posted 8/5/2013 12:00 am
One Bank isn’t the only party interested in the estate left behind by Layton "Scooter" Stuart.
BHL Financing LLC of Rogers is a creditor with a special interest in Stuart and the bank.
The limited liability company is an affiliate of Hunt Ventures, led by Johnelle Hunt.
She and her family sold One Bank to Stuart about 20 years ago and financed the transaction.
We understand that Stuart owes BHL in the neighborhood of $5 million. That debt is secured by Stuart’s stock controlling the bank.
Those shares could be the door that leads to the Hunt family re-entering One Bank’s ownership picture.
But before that becomes more than a possibility, the federal government needs to tidy up the loose fiscal strings surrounding Stuart assets and the bank.