M. Randy Rice

A resale consumer products company based in Siloam Springs recently filed for Chapter 7 bankruptcy liquidation and listed $8.08 million in debt.  read more >

Creditors in the bankruptcy case of Turner Grain Merchandising Inc. of Brinkley received some good news last month. read more >

Last month the Chapter 7 trustee for the bankrupt Alliance Insurance Group of Arkadelphia Inc. dismissed its suit against Nathaniel Price. read more >

Officials of a bankrupt Arkadelphia insurance agency ignored red flags indicating owner Berry Bishop was committing bank fraud, according to a trustee suing to recover $7.3 million. read more >

There’s some good news to report for creditors in the bankruptcy case of Turner Grain Merchandising Inc. of Brinkley. read more >

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. read more >

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. read more >

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. read more >

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." read more >