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 >
Arkansas attorneys are bracing for a surge in bankruptcy filings as a result of the financial upheaval of the coronavirus pandemic, and they aren’t alone. read more >
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 >
Dan Bearden’s Van Buren trucking company had been struggling with soaring insurance rates and falling freight prices since last year. Then the pandemic struck like a meteor. read more >
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 >
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 >
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 >
Sam McFadin, the former CEO of the John Daly Steakhouse in Conway, estimated his debts and assets were between $1 million and $10 million, according to the Sept. 14 bankruptcy filing. read more >
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 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 >
Cantrell Drug Co. of North Little Rock said last week that it has hired about 25 people since filing for Chapter 11 bankruptcy reorganization in November. read more >
The early stages of the Chapter 7 bankruptcy of Lex and Ellen Golden have had a revolving door quality. read more >
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 >
More than a year after the collapse of Turner Grain Merchandising Inc., farmers and other creditors still don’t know what happened to tens of millions of their dollars. read more >
As Turner Grain Merchandising Inc. winds its way through Chapter 7 liquidation, attorneys have filed paperwork seeking fees of more than $200,000. read more >
Acting United States Trustee Daniel Casamatta says keeping the company in Chapter 11 is just costing the company additional administrative expenses. read more >
As his creditors’ claims have grown exponentially, Dale C. Bartlett has sworn in bankruptcy court that he had no idea what caused the collapse last summer of Turner Grain Merchandising of Brinkley, the business he co-owned until a year ago. read more >
Kenny and Pamela Metheny of Mabelvale said their hands are tied so they can’t pay a $2.1 million judgment in connection with an unpaid medical bill for their son at a rehabilitation center in Virginia. read more >
The financial mess at Turner Grain Merchandising Inc. of Brinkley is getting messier. read more >
Bankruptcy attorney Kevin Keech of North Little Rock, who has been acting as receiver for Turner Grain, has asked a judge for more power to investigate at least eight of Turner’s related companies. read more >
