Ellen Golden
Allcorp Ownership of Bradley Bank Liquidated for $2.6M
The long-running Allcorp Inc. bankruptcy case is moving toward a close. read more >
No Auction in Golden Bankruptcy; FDIC Judgment Gone
As it stands now, there will be no auction of assets owned by fallen banker Lex Golden and his wife, Ellen. read more >
Debt Discharged for Lex and Ellen Golden
While Lex and Ellen Golden were discharged from bankruptcy last week, their Chapter 7 liquidation remains active with a pending auction of household furnishings and other assets. read more >
Amy Golden McCay Files for Chapter 7 Bankruptcy
The outstanding balance of an FDIC $324,632 summary judgment from January 2015 against Amy Golden McCay is now part of her recently filed Chapter 7 bankruptcy. read more >
Hergets Give Heights Icon New Chance
The venerable Terry’s Finer Foods in the Heights lives now as the Heights Corner Market, a rebirth greeted with relief by all who relied on Terry’s for great meat, seafood, desserts and its selection of hard-to-find groceries. read more >
by Jan Cottingham -
Golden Bankruptcy Reveals Allcorp Deal
A possible bank stock sale and details of a legal settlement are part of the bankruptcy narrative in the 66-page Chapter 7 filed by Lex and Ellen Golden of Little Rock. read more >
by George Waldon -
Lex Golden Lists Nearly $8 Million in Liabilities in Bankruptcy Filing
Lex Golden, the Little Rock banker who once controlled two Arkansas financial institutions, recently filed Chapter 7 bankruptcy. read more >
Allied Auction Saw More Banks Bid; Chambers Garnishes Golden’s Last Paycheck
The OREO component separated Today’s Bank's winning bid of a negative $6.14 million from the pack. And in its collection efforts, Chambers last month garnished an $886 paycheck, one of Lex Golden’s last paydays at Allied. read more >
Chambers Bank Lands $2 Million Golden Judgment
The latest ruling is one in a string of lawsuits spawned by the bankruptcy of Acme, the parent company of Allied Bank of Mulberry. Under the Golden family’s ownership and management, the bank has lost more than $14 million since 2010. read more >
by George Waldon -
Lex Golden Sues Chambers Bank Over Failed Bank Buys
Lex Golden and his wife, Ellen, sued Chambers Bank of Danville in Crawford County Circuit Court alleging the lender essentially was responsible for causing all their money troubles. read more >
All’s Quiet on the Acme Bankruptcy Front
The parent company of Mulberry’s Allied Bank marked its second year in bankruptcy last month. read more >
by George Waldon -
Heartland Bank Takes Over Allied Bank’s Last Little Rock Branch
The location of Allied Bank’s last operational branch in Little Rock recently was forfeited in lieu of foreclosure. read more >
Third Lawsuit Opens Between Chambers Bank, Golden Family
A third legal front has been opened in the financial disputes between Chambers Bank of Danville and the Lex Golden family of Little Rock. read more >
Acme Holding: No Dividends Weigh Heavily
Did creditors representing $9.5 million worth of debt convince U.S. Bankruptcy Court Judge Ben Barry that Acme Holding Co. is a lost cause? A ruling in their favor could result in the second auction of an Arkansas bank in three years. read more >
by George Waldon -