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Phil Herrington

Phil Herrington
Banking & Finance / Investments / Legal

Herrington Bankruptcy Case Ends

Little Rock developer Philip Herrington’s Chapter 11 bankruptcy reorganization has been dismissed. read more >
Phil Herrington
Banking & Finance / Legal

Deadline Extended in Phil Herrington Bankruptcy Case

The trustee for Little Rock developer Philip Herrington withdrew a request last week that his bankruptcy be converted from reorganization to Chapter 7 liquidation. read more >
Phil Herrington
Banking & Finance / Investments / Legal

Phil Herrington Files Bankruptcy as Attorney for Oklahoma Development

Little Rock developer Philip Herrington recently filed a Chapter 11 reorganization for one of his developments in Oklahoma City. read more >
Phil Herrington
Investments / Legal

Herrington Bankruptcy Steered Toward Chapter 7

The trustee for Little Rock developer Philip Herrington has requested that his bankruptcy be converted from reorganization to Chapter 7 liquidation. read more >
Phil Herrington (inset) is the focus of creditors linked with the Gaillardia Golf & Country Club and its 55,000-SF clubhouse in Oklahoma City.
Banking & Finance / Construction / Insurance

Gaillardia Club Woes Spawned Phil Herrington Bankruptcy

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. read more >
Phil Herrington
Banking & Finance / Construction / Investments

New Bankruptcy Filing Shows Deeper Debts for Phil Herrington

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. read more >
Phil Herrington
Banking & Finance / Construction / Legal

Phil Herrington Files for Bankruptcy After $3M Judgment

The financial woes of dapper Little Rock businessman Phil Herrington have prompted a trip to bankruptcy court. read more >
The 55,000-SF clubhouse at Gaillardia Golf & Country Club in Oklahoma City.
Banking & Finance / Construction / Legal

Oklahoma Bank Registers $3M Judgment Against Phil Herrington

The judgment represents the outstanding balance on a $4 million loan from First Commercial Bank of Edmond, Oklahoma. read more >
Banking & Finance / Business Services / Investments

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

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. read more >
Phil Herrington (inset) is the focus of creditors linked with the Gaillardia Golf & Country Club and its 55,000-SF clubhouse in Oklahoma City.
Business Services / Legal / Real Estate

Phil Herrington’s OKC Country Club Ready for Auction

The proposed auction of the Gaillardia Golf & Country Club in Oklahoma City is moving forward after court approval on Dec. 20. read more >
Phil Herrington (inset) is the focus of creditors linked with the Gaillardia Golf & Country Club and its 55,000-SF clubhouse in Oklahoma City.
Banking & Finance / Legal / Real Estate

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

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. read more >
Founders Ridge house in Sundance, Utah, owned by Phil Herrington, subject of foreclosure by One Bank & Trust.
Banking & Finance / Legal / Media & Marketing

$4.7M Foreclosure Against Phil Herrington, Others Resolved

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. read more >
The 55,000-SF clubhouse at Gaillardia Golf & Country Club in Oklahoma City.
Banking & Finance / Real Estate / Tourism

Oklahoma Country Club Latest Foreclosure Target in Herrington Case

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. read more >
The Founders Ridge manor controlled by Phil Herrington is part of a foreclosure lawsuit filed by One Bank & Trust of Little Rock.
Banking & Finance / Legal / Real Estate

Utah Properties Subject of One Bank & Trust Lawsuit

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. read more >