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 >
The parent company of Mulberry’s Allied Bank marked its second year in bankruptcy last month. read more >
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 >
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 >
Three of the largest creditors of Acme Holding Co. want to see its Chapter 11 bankruptcy reorganization converted to Chapter 7 liquidation. read more >
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 >
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 >
