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New Trial Date Set for Kade HollidayLock Icon

2 min read

Former Craighead County Clerk Jacob “Kade” Holliday now is scheduled to be tried in federal court on Oct. 18.

Holliday, as you recall, resigned from office in June after allegations surfaced that he had embezzled more than $1.6 million from taxpayers. In December, Holliday was indicted in U.S. District Court on 11 counts of federal wire fraud for allegedly taking more than $1.4 million in county money for his personal use.

His jury trial in federal court in Jonesboro was set for Jan. 25. But that’s been pushed back.

Last week, one of Holliday’s criminal defense attorneys, Patrick J. Benca of McDaniel Wolff & Benca PLLC of Little Rock, asked if the trial could be continued to a later date.

“This is the first setting and involves matters related to financial crime allegations,” Benca wrote in his motion. “The anticipated discovery in this matter is significant.”

He said the U.S. attorney’s office didn’t have a problem with the request, so U.S. District Judge James M. Moody Jr. agreed to setting the new trial date.

Meanwhile, in Holliday’s bankruptcy case, creditors also want more time to object to Holliday’s debt being discharged from bankruptcy. The deadline for filing the objection was last week.

Holliday, 32, filed for Chapter 7 bankruptcy liquidation in October, listing $3.8 million in debts and $1.6 million in assets.

Craighead County filed a complaint last month in Holliday’s bankruptcy case to block Holliday from discharging the $1.4 million he owes the county. The county said in its filing that the debt shouldn’t be discharged because it was obtained through embezzlement.

Holliday’s trustee also requested more time to determine if he will object. The trustee said in a filing on Jan. 6 that he needs to obtain documents and examine Holliday “in relation to his income, expenses, assets, and debts to determine whether adequate grounds exist for” the trustee to determine to file an objection. If so, that could result in Holliday not getting a discharge on his debts.

U.S. Bankruptcy Judge Phyllis Jones extended the trustee’s deadline to May 31.

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