It’s still not clear how much Smith’s creditors will receive. The trustee in the case, John T. Lee of Siloam Springs, didn’t immediately return a call for comment. When Smith filed for bankruptcy protection in September 2012, he listed $1.3 million in assets. read more >
Former Arkansas Razorbacks football Coach John L. Smith has reached a settlement with his creditors who accused him of attempting to defraud them in his $40.7 million bankruptcy case. read more >
Former Arkansas Razorbacks football coach John L. Smith reached a settlement with his bankruptcy trustee to return some of the money he gave away or received before he filed for Chapter 7. read more >
Former Arkansas Razorbacks football Coach John L. Smith on Friday denied his creditors’ allegations that he attempted to "hinder, delay or defraud" them in his $40.7 million bankruptcy case. read more >
Upon further review, John L. Smith decided to withdraw a request that would have allowed his or his former business partners’ attorneys to decide which documents tied to his Chapter 7 bankruptcy case would be marked confidential. read more >
A creditor of the former Arkansas Razorbacks football Coach John L. Smith alleged in a lawsuit Monday that Smith attempted to "hinder, delay or defraud his creditors" in his $40.7 million bankruptcy case. read more >
John L. Smith has a new job lined up. Smith, who was on an interim, 10-month contract with the University of Arkansas football program, will take over as coach at Fort Lewis College on March 1. read more >
Former Arkansas Razorbacks football coach John L. Smith last month tried to push through a motion in his Chapter 7 bankruptcy case that would have allowed his or his former business partners’ attorneys to decide what documents or other evidence tied to his case are confidential. read more >
A July story on how some Arkansans are ditching pay-television for online services like Netflix and Hulu is ArkansasBusiness.com’s most-read story of the year, according to traffic numbers from Jan. 1 to Dec. 17. read more >
From John L. Smith’s pep talk to reporters to U.S. District Judge Bill Wilson’s withering remarks to out-of-line prosecutors, they said it all in 2012. read more >
Arkansas athletic director Jeff Long wasted little time in bringing the John L. Smith era to a close. Long said in a statement released by the university Saturday that Smith will not return next season as the Razorbacks' coach. read more >
It seems the writing is on the wall for Arkansas football Coach John L. Smith, who is making $850,000 on a 10-month contract. He took over a team ranked in the Top 10, but has overseen what ranks among the most disappointing years in Razorback history. But Smith says he hasn’t given up hope that he can stay in Fayetteville beyond the 2012 season. read more >
Former Razorbacks football coach Bobby Petrino wants badly to return to college football, and he wants to do it in Kentuckey, according to his father. read more >
John L. Smith's actions that led to his seeking Chapter 7 bankruptcy protection serves as a cautionary tale for those involved in LLCs who sign loan documents without first understanding the terms. read more >
Arkansas Athletic Director Jeff Long said Monday that allowing Razorbacks football Coach John L. Smith to defer portions of his salary was done with the coach's retirement in mind and not as an attempt protect assets from creditors. read more >
The employment contracts of top executives across Arkansas specify performance-dependent bonuses, salaries and other benefits. Such legally binding contracts protect both employer and employee. read more >
The departure of Bobby Petrino as the University of Arkansas' head football coach means that the price tag on the highest-paid state employee has dropped by more than half. read more >
Contract negotiations between John L. Smith and the University of Arkansas were consistent with the handling of other coaching contracts, an athletic department spokesman said Monday. read more >
USA Today reports that Razorbacks football coach John L. Smith has deferred 71 percent of his total pay, which could raise legal questions in his $40.7 million bankruptcy. read more >
Losing to a team like Louisiana-Monroe comes with a cost. Arkansas’ hope here is that the losses are limited to dropping out of the AP Top 25 poll and failing to reap the benefits of the marketing value that comes with college football’s most popular pregame show. read more >