Quinn Investments LP Agrees to $2.2M Judgment
The judgment settles a legal tiff involving a promissory note. read more >
The judgment settles a legal tiff involving a promissory note. read more >
As it stands now, there will be no auction of assets owned by fallen banker Lex Golden and his wife, Ellen. read more >
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 >
Even after Allied Bank was shut down by the Arkansas State Bank Department in 2016, I wasn’t expecting a 40-page report from the Office of Inspector General. But Allied was special. read more >
The narrative of the report is dominated by criticism of the Goldens, by title rather than name, and the bank board they held sway over. read more >
A new lawsuit has been filed against Walter Quinn and his Quinn Investments Ltd. and Quinn Management Co. read more >
A report concludes that federal bank regulators recognized that Lex Golden was a poor banker and that his family was abusing its control of Allied Bank for years. read more >
Another lawsuit against Little Rock businessman Walter Quinn surfaced in Pulaski County Circuit Court. read more >
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 >
West Scenic Partners LLC of St. Louis purchased Scenic Hill Apartments at 605 and 1207 W. Scenic Drive. The seller is Scenic Hill Properties Ltd., led by James Kincannon. read more >
A new investment group of Texans makes a $2.3M pitch to buy Community State Bank of Bradley (Lafayette County). read more >
The former Allied Bank location at 1022 W. Capitol Ave. will house Fuqua’s Jewelry. read more >
Instead of saving Allied Bank from the ruinous meltdown of a radio-active loan portfolio he built, Little Rock banker Lex Golden rode the same downward spiral to insolvency. read more >
The $181 million-asset lender is setting up shop in a former bank branch at 615 E. Pointer Trail previously used by Arkansas Valley Electric Cooperative. read more >
The early stages of the Chapter 7 bankruptcy of Lex and Ellen Golden have had a revolving door quality. read more >
Lex Golden, the Little Rock banker who once controlled two Arkansas financial institutions, recently filed Chapter 7 bankruptcy. read more >
Andy & Andrew Hotel Investments LLC, led by Ashok Desai, purchased the Comfort Inn & Suites at 3915 McCain Park Drive, backed with a five-year loan of $4 million from Arkansas Federal Credit Union of Jacksonville. read more >
An $850,000 deal was struck to acquire the dormant branch at 4900 Kavanaugh Blvd. from Allied’s regulator-assisted successor: Today’s Bank of Huntsville (Madison County). read more >
The September failure of the $66.3 million-asset Allied Bank of Mulberry marked the fifth lender in the nation to go under so far this year. read more >
Former Allied Bank customers have been notified that the bank branch at 5701 Kavanaugh Blvd. in Little Rock will be closing in late January. read more >
