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Richard Torti

Former and current One Bank & Trust executives, from left: Layton "Scooter" Stuart, Jerry Pavlas, Jim Schnoes, Brad Paul, Michael Heald and Gary Rickenbach.
Banking & Finance / Government & Politics / Insurance

Feds Ask To Sell One Bank & Trust

A change of ownership is in motion for Little Rock’s One Bank & Trust. The U.S. government has asked for a court-ordered stock sale of controlling interest in the $305 million-asset bank. read more >
Former and current One Bank & Trust executives, from left: Jerry Pavlas, Jim Schnoes, Brad Paul, Michael Heald and Gary Rickenbach.
Banking & Finance / Insurance / Investments

Scooter Stuart’s Fall Still Feeds Litigation

Only a handful of lawsuits that erupted from the upheaval at One Bank & Trust continue to wind through the court system. read more >
One Bank CEO Jerry Pavlas (inset left) says the Parker Building in Maumelle is a company asset. BHL Financing, led by Johnelle Hunt, has filed a lien claim on the property.
Banking & Finance / Investments / Legal

BHL Makes Claim Against OneFinancial on Maumelle Office Building

Johnelle Hunt, through BHL Financing LLC, filed a lien on the Parker Building in Maumelle in connection with a default judgment of $14.7 million against OneFinancial, the holding company of One Bank & Trust. read more >
Layton "Scooter" Stuart took out a life insurance policy in 1997 that set off a chain of events that have led to a lawsuit that will be heard in 2016.
Banking & Finance / Insurance / Investments

John Hancock Insurance Loan to Scooter Stuart Gains New Life in Lawsuit

Layton "Scooter" Stuart received a $20 million life insurance policy with his family trusts as the beneficiaries. His alleged abuse of the trusts and his borrowing privileges on the policy are the basis of a federal lawsuit headed for trial in February. read more >
Layton "Scooter" Stuart
Banking & Finance / Insurance / Legal

Federal Prosecutors Sue Scooter Stuart’s Estate, Family Trusts

The lawsuit is the latest in a cascade of civil and criminal cases alleging widespread and long-term fraud by Stuart and other executives of One Bank & Trust and its holding company. read more >
Banking & Finance / Insurance / Legal

Court Appoints Former LR Mayor Special Administrator in Scooter Stuart Case

Tom Prince, former Little Rock mayor, has entered the fray between Little Rock’s One Bank & Trust and the estate of its former controlling owner and CEO, Layton “Scooter” Stuart. read more >
Phelan Orthodontics paid $1.1 million for the parcel (shaded in red) at the southeast corner of Rahling and Kirk roads in west Little Rock. The land, owned by Scooter Stuart’s Rivercity Energy Co., was sold by the executor of his estate, Richard Torti.
Banking & Finance / Legal / Real Estate

One Bank Makes Claim on Branch Property Titled to Scooter Stuart Partnership

A lawsuit challenges who owns the OneBanc branch at 14711 Cantrell Road in west Little Rock. Real estate records indicate a general partnership called Bank Partners. One Bank & Trust claims it is the rightful owner. read more >
14711 Cantrell Road, Little Rock
Banking & Finance / Insurance / Investments

Scooter Stuart’s Tainted Assets Draw More Fire

This year’s number of new lawsuits surrounding the controversial business affairs of the late Layton “Scooter” Stuart indicates the rancor is only growing. read more >
Richard Torti is fighting a legal battle linked to former One Bank & Trust CEO Layton Stuart on two fronts, county and federal. (Photos by Michael Pirnique • Photo illustration by Wayne DePriest)
Banking & Finance / Legal

One Bank Close to $3M Payday From Scooter Stuart Account

The U.S. government is on the brink of releasing more than $3 million seized from a life insurance payout after the death of Layton "Scooter" Stuart. read more >
Dick Torti
Banking & Finance / Legal / Public Companies

One Bank, Dick Torti Reach Deal on Dual Role in Scooter Stuart Case

Officials at the $386.4 million-asset bank agreed not to challenge Torti’s dual role as executor of Layton “Scooter” Stuart’s estate and trustee of the Stuart family trust. read more >
Richard Torti is fighting a legal battle linked to former One Bank & Trust CEO Layton Stuart on two fronts, county and federal. (Photos by Michael Pirnique • Photo illustration by Wayne DePriest)
Banking & Finance / Insurance / Legal

Richard Torti Fights Layton Stuart Battle on Two Legal Fronts, County and Federal

Richard Torti is engaged on two legal fronts in Little Rock, county and federal to exercise his authority as a trustee and executor for the Stuart family and extricate money from federal authorities. read more >
Johnelle Hunt
Banking & Finance / Investments / Legal

Johnelle Hunt Group Stakes Claim on Portion of Scooter Stuart Assets

Another party has entered the courtroom regarding a claim on assets seized from the late Little Rock banker Layton “Scooter” Stuart. BHL Financing LLC, led by Johnelle Hunt, filed a claim for $15.2 million owed on three delinquent promissory notes. read more >
Banking & Finance / Legal / Transportation

Estate of Layton Stuart Still in Dispute Across Two Courtrooms

The legal tug of war over assets associated with the late owner of Little Rock’s One Bank & Trust continues in state and federal court. read more >
One Bank & Trust will repossess Layton “Scooter” Stuart’s  Hickory Creek mansion before year’s end.
Banking & Finance / Insurance / Legal

Stuart Family Files Emergency Petition as Hickory Creek Home Heads Back to One Bank

Richard Torti, trustee of the Stuart Family 1997 Trust, requested the release of $1.5 million seized by the government in its forfeiture action against the former chairman, president and CEO of One Bank & Trust. Torti argues that the nearly $17.7 million seized by the government exceeds its financial claims against Stuart by at least $4 million. The lion’s share of that money is from a life insurance policy on Stuart, who died March 26. read more >
Layton "Scooter" Stuart
Banking & Finance / Business Services / Government & Politics

One Bank’s Scooter Stuart Thought He Knew Who Blew the Whistle

Before he died on March 26, Layton “Scooter” Stuart told Arkansas Business that he thought he knew who had stirred up trouble for him with the chief federal regulators of his One Bank & Trust: Michael Heald and Tom Ricciardone. read more >