Tagged: jason coleman

Turner Grain Merchandising Files $25M Bankruptcy

by Mark Friedman 10/24/2014 2:09 pm

Turner Grain Merchandising Inc. of Brinkley filed for Chapter 11 bankruptcy protection Thursday, listing $24.8 million in debts and $13.8 million in assets — the same amounts listed in a draft of the bankruptcy filed Oct. 14. Turner's filing lists $23.8 million of creditors holding unsecured claims.

Turner Grain Collapse Prompts Legislation

by Mark Friedman 10/24/2014 2:00 pm

The Arkansas Agriculture Department is working on legislation to prevent companies like Turner Grain Merchandising Inc. of Brinkley from suffering similar collapses that cost farmers millions of dollars.

Turner Grain Close to Filing $25M Bankruptcy

by Mark Friedman 10/20/2014 4:12 pm

Turner Grain Merchandising Inc. of Brinkley appears close to filing for Chapter 11 bankruptcy protection, according to a court filing made last week by the company's receiver. Turner's draft, filed by receiver Kevin Keech of North Little Rock, lists $24.8 million of creditors holding unsecured claims

Turner Grain Executive Claims $5.5M in Debts, $2M in Assets

by Lance Turner 10/7/2014 11:36 am

Dale Bartlett of Marvell, president of Turner Grain Merchandising Inc. of Brinkley, on Monday filed a more detailed bankruptcy filing, listing about $5.5 million in debts and $2 million in assets.

Receiver Takes Control of Turner Grain

by Arkansas Business Staff 10/6/2014 12:00 am

U.S. District Court Judge James M. Moody Jr. named bankruptcy attorney Kevin Keech and his North Little Rock law firm to take control of what’s left of Turner Grain Merchandising Inc. of Brinkley.

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.

Rabo AgriFinance Inc. Files Suit Against Turner Grain

by Lee Hogan 9/11/2014 3:10 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.

USDA Agrees To Extension for Farmers Affected by Turner Grain

by Lee Hogan 9/8/2014 12:51 pm

The U.S. Agriculture Department announced last week it will grant an extension for Arkansas farmers, affected by Turner Grain Merchandising Inc. of Brinkley, paying back USDA loans.

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.

Turner Grain President Dale Bartlett Files for Bankruptcy

by Lee Hogan and Mark Friedman 9/5/2014 1:47 pm

Dale Bartlett, president of Turner Grain Merchandising Inc. of Brinkley, filed for voluntary individual bankruptcy protection Friday morning estimating up to $10 million in debt.

Lonoke County Farmers Sue Turner Grain

by Lance Turner 8/28/2014 4:34 pm

Four farm companies in Lonoke County filed a sharply worded lawsuit Friday against Turner Grain Merchandising Inc. of Brinkley and its related companies that alleges fraud, theft by deception and breach of contract.

Farmers Wait for Turner Grain’s Next Move

by Mark Friedman 8/25/2014 12:00 am

Some farmers doing business with Turner Grain apparently had only oral contracts with Turner, one agriculture expert says. That lack of formal contracts could complicate a Turner bankruptcy.

Judge Orders Turner Grain Not to Dispose of Assets

by Mark Friedman 8/22/2014 3:10 pm

A Lee County Circuit judge on Wednesday ordered Turner Grain Merchandising Inc. of Brinkley and its related entities not to sell any assets that might belong to a group of farmers who sued them.

Turner Grain Officers No Longer Principals in Related Company

by Mark Friedman 8/22/2014 11:35 am

Two of the top officers at Turner Grain Merchandising Inc. of Brinkley are no longer listed as principals in a related company, according to the National Futures Association.

Bruce Oakley To Give Turner Grain Money To Judge

by Mark Friedman 8/18/2014 3:28 pm

A North Little Rock company plans to hand over money it owes Turner Grain Merchandising Inc. of Brinkley to a judge to decide how to divide it among Turner's creditors.

Turner Grain Possibly Tilting Toward Bankruptcy

by Arkansas Business Staff 8/18/2014 12:00 am

Sources say Turner Grain Merchandising Inc. of Brinkley is on the verge of filing for bankruptcy protection.