Tagged: phil herrington

Deadline Extended in Phil Herrington Bankruptcy Case

by Arkansas Business Staff 10/10/2016 12:00 am

The trustee for Little Rock developer Philip Herrington withdrew a request last week that his bankruptcy be converted from reorganization to Chapter 7 liquidation.

Phil Herrington Files Bankruptcy as Attorney for Oklahoma Development

by Arkansas Business Staff 9/19/2016 12:00 am

Little Rock developer Philip Herrington recently filed a Chapter 11 reorganization for one of his developments in Oklahoma City.

Herrington Bankruptcy Steered Toward Chapter 7

by Arkansas Business Staff 9/5/2016 12:00 am

The trustee for Little Rock developer Philip Herrington has requested that his bankruptcy be converted from reorganization to Chapter 7 liquidation.

Gaillardia Club Woes Spawned Phil Herrington Bankruptcy

by Mark Friedman 7/25/2016 12:00 am

Herrington’s $13.45 million Chapter 11 reorganization, filed on March 18, represents one of the largest debt totals in a personal bankruptcy filing in recent years in Arkansas. He listed $5.1 million in assets.

New Bankruptcy Filing Shows Deeper Debts for Phil Herrington

by Arkansas Business Staff 5/9/2016 12:00 am

In the recently released, more detailed filing, Phil Herrington listed debts of $13.45 million and assets of $5.06 million. When he initially filed for Chapter 11 in March, the real estate developer listed his estimated debts at between $1 million and $10 million.

Phil Herrington Files for Bankruptcy After $3M Judgment

by Arkansas Business Staff 4/4/2016 12:00 am

The financial woes of dapper Little Rock businessman Phil Herrington have prompted a trip to bankruptcy court.

Oklahoma Bank Registers $3M Judgment Against Phil Herrington

by Arkansas Business Staff 1/25/2016 12:00 am

The judgment represents the outstanding balance on a $4 million loan from First Commercial Bank of Edmond, Oklahoma.

Delinquent Debts Push Developer Phil Herrington Out at Oklahoma City Country Club

by George Waldon 2/3/2014 12:00 am

Eleventh-hour negotiations in January produced an agreement that derailed a court-ordered auction of Gaillardia Golf & Country Club in Oklahoma City. The outcome formalized the exit of Little Rock developer Phil Herrington from the club’s ownership picture after 11 years and allowed him to shed more than $8.3 million of debt.

Phil Herrington's OKC Country Club Ready for Auction

by Arkansas Business Staff 1/6/2014 12:00 am

The proposed auction of the Gaillardia Golf & Country Club in Oklahoma City is moving forward after court approval on Dec. 20.

Phil Herrington's Oklahoma City Golf Club Poised for Auction Block

by George Waldon 12/16/2013 12:00 am

The proposed auction of the Gaillardia Golf & Country Club next month is threatening to remove the last Arkansas ties to the Oklahoma City country club.

$4.7M Foreclosure Against Phil Herrington, Others Resolved

by Arkansas Business Staff 12/2/2013 12:00 am

Remember the foreclosure action against Little Rock businessman Phil Herrington, his Herrington Inc. private equity and development firm and six business entities associated with property in Utah? That $4.7 million dispute has been resolved.

Oklahoma Country Club Latest Foreclosure Target in Herrington Case

by Arkansas Business Staff 7/15/2013 12:00 am

Foreclosure action is taking place in Oklahoma City and centers on the 275-acre Gaillardia Golf & Country Club with its 7,240-yard championship course.

Utah Properties Subject of One Bank & Trust Lawsuit

by Arkansas Business Staff 7/1/2013 12:00 am

One Bank & Trust is suing Little Rock businessman Phil Herrington, his Herrington Inc. private equity and development firm and six business entities associated with a $5 million loan backing a five-lot project in Utah.