The Arkansas Supreme Court ruled earlier this month that contractual waivers of the right to a jury trial are not enforceable, triggering concerns from attorneys and business leaders because just about every commercial contract has a provision that contains that waiver. read more >
Centennial Bank of Conway has filed a foreclosure suit against Joshua Allen, the former CEO and president of Allens Inc. of Siloam Springs. read more >
The trustee in Allens Inc.’s Chapter 7 liquidation has accused some creditors of scheming to buy the Siloam Springs vegetable and food processor out of bankruptcy in 2014 in order to save themselves millions while leaving most creditors holding an empty bag. read more >
Allens Inc.’s debts are now itemized and total $289.9 million. That’s about $10 million more than was estimated when the Siloam Springs company filed for Chapter 11 bankruptcy protection at the end of October. read more >
