Tagged: Kevin Keech

Advanced Tissue Closes, Files $25M Bankruptcy

Advanced Tissue Closes, Files $25M Bankruptcy

Banking & FinanceHealth CareLegal

A former CEO of Advanced Tissue LLC of Little Rock says he doesn’t know why the wound care supply company closed and filed for Chapter 11 bankruptcy reorganization in August, leaving hundreds out of work, but he wants to help find a solution to the ensuing legal fight. read more >

Cantrell Drug Looks For a Buyer, Again

Cantrell Drug Looks For a Buyer, Again

Health CareLegalCover Story

Cantrell Drug Co. hopes its next potential buyer can close the deal to purchase the Little Rock drug compounding company out of Chapter 11 bankruptcy reorganization. read more >

Denial of PPP Loan Makes Matters Worse for Dancor Transit

Denial of PPP Loan Makes Matters Worse for Dancor Transit

Banking & FinanceLegalTransportation

Dan Bearden thought that getting a COVID-19 relief loan would be just the lifeline Dancor Transit needed to survive bankruptcy reorganization. But the U.S. Small Business Administration denied the PPP application because the company is in Chapter 11 bankruptcy. read more >

Hotel Hot Springs Faces Foreclosure Sale

Hotel Hot Springs Faces Foreclosure Sale

Banking & FinanceLegalRestaurants & FoodCover Story

The 200-room Hotel Hot Springs & Spa will be sold at a foreclosure sale to help pay a $128.9 million judgment its owner received in June. read more >

Details in Delta Resort Bankruptcy Show $171.1M in Debts

Details in Delta Resort Bankruptcy Show $171.1M in Debts

WhispersBanking & FinanceLegal

Gary Russell Gibbs of Niceville, Florida, lists his complete financial details in U.S. Bankruptcy Court in Hot Springs showing total debts at $171.1 million. That makes his personal bankruptcy one of the largest filed in Arkansas. read more >

Liquidation Looming For Cantrell Drug Co.

Liquidation Looming For Cantrell Drug Co.

Cantrell Drug Co., already reorganizing under bankruptcy court protection, may not survive another week after the U.S. Food & Drug Administration alerted health care professionals and patients not to use drugs from the Little Rock company. read more >

Cantrell Drug, FDA Reach Settlement

Cantrell Drug, FDA Reach Settlement

Health CareLegal

Cantrell Drug Co. of Little Rock and federal regulators reached a settlement in U.S. Bankruptcy Court Friday morning in a legal fight that had threatened to close the drug compounding company. read more >

New Bankruptcy Filing Shows Deeper Debts for Phil Herrington

New Bankruptcy Filing Shows Deeper Debts for Phil Herrington

WhispersBanking & FinanceLegal

In the recently released, more detailed filing, Phil Herrington listed debts of $13.45 million and assets of $5.06 million. When he initially filed for Chapter 11 in March, the real estate developer listed his estimated debts at between $1 million and $10 million. read more >