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Hildene Asset Management LLC

Lex Golden, chairman, CEO and lead shareholder in the bankrupt Acme Holding Co.
Banking & Finance / Insurance / Investments / Legal / Retail

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 >
Lex Golden and his son, Alex Golden.
Banking & Finance / Legal

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 >
Banking & Finance / Investments / Legal / Real Estate

Trustee Hopes to Avoid Allied Bank Stock Auction

A new player has emerged in the bankruptcy case of Acme Holding Co. since its Chapter 11 reorganization was converted to Chapter 7 liquidation by judicial decree last month. read more >
Banking & Finance / Investments / Legal

Future of Allied Bank Could Be Decided by June Ruling in Acme Case

Three of the largest creditors of Acme Holding Co. recently submitted briefs in support of converting the bank holding company’s Chapter 11 reorganization to Chapter 7 liquidation. read more >
Lex Golden, chairman and CEO of Acme Holding Co., and his son, Alex, president and CEO of Acme’s prime asset: Allied Bank.
Banking & Finance / Insurance / Investments / Legal

Creditors Urge Acme Liquidation, Auction of Allied Bank Stock

Three of the largest creditors of Acme Holding Co. want to see its Chapter 11 bankruptcy reorganization converted to Chapter 7 liquidation. read more >
Alex Golden
Banking & Finance / Government & Politics / Investments / Legal

FDIC Sues Members of Acme’s Golden Family over Unpaid Loans

The president of Allied Bank’s Acme Holding Co. and his sister are the subjects of federal lawsuits. The Federal Deposit Insurance Corp. sued Alex Golden and Amy Golden McCay in U.S. District Court in Atlanta over delinquent loans totaling more than $1 million. read more >
Banking & Finance / Insurance / Investments / Real Estate

Acme Creditors Oppose 3-Branch Sale, Say Allied Assets Should Be Separate

A proposed $2 million sale of three of Allied Bank’s six branches to an unidentified buyer has drawn opposition from the largest secured creditors of its parent company, Acme Holding Co. of Little Rock. read more >