Tagged: m. randy rice

Grief, Pain and the Fall of Turner Grain

by Mark Friedman 4/10/2017 12:00 am

With his father’s death in late 2013 and stress contributing to his losing some 60 pounds in 30 days, Turner Grain Merchandising Inc. co-owner Jason Coleman said he was in no condition to run his company in the months leading to its collapse in August 2014.

Trustee: Turner Grain Transferred $100M to Related Firms

by Mark Friedman 11/14/2016 12:00 am

Turner Grain Merchandising Inc. of Brinkley transferred nearly $100 million to its related companies a year before it filed for bankruptcy protection, according to lawsuits recently filed by its Chapter 7 trustee.

Steve Clary Bankruptcy Case Remains Open

by Mark Friedman 11/18/2013 12:00 am

Although Clary’s bankruptcy filing doesn’t indicate all the creditors that have been paid or what the current debt level is, that doesn’t mean that Clary hasn’t reduced the debt, according to Joshua Silverstein, a professor of law at the University of Arkansas at Little Rock’s Bowen School of Law.

Equity Media's Bankrutpcy Trustee Scores $47.4M Verdict Against Former CEO Luken

by Gwen Moritz 6/25/2013 10:15 am

Federal court jury finds that the transfer of Equity's Retro Television Network to former chairman and CEO Henry Luken for $18.5 million "was a constructively fraudulent transfer."