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Daily Archives: January 16, 2012

NFIB adds more claims to challenge of notice posting rule

JACKSON — Ron Aldridge, state director of the National Federation of Independent Business, said the nation’s leading small-business association is adding new claims to its existing legal challenge to the National Labor Relations Board’s Notice Posting Rule, saying now that President Obama’s Jan. 4 “recess” appointments to the board violated the Constitution. The complaint argues that the NLRB does not ...

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Payton, Brees, Manning among Saints taken by scammer

NEW ORLEANS — Unlike this season’s winning on the football field, current and former members of the New Orleans Saints who bought nonexistent tax credits from a defunct movie studio are likely to come out big losers — perhaps getting back only 15 percent of their investment. The Saints personnel — including coach Sean Payton, quarterback Drew Brees and former ...

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Hotel construction project gets new life

BROOKHAVEN — A stalled hotel construction project in Brookhaven has come back to life. Developer Jackie’s International Inc. obtained a building permit last month to renew work on a proposed Holiday Inn Express near Interstate 55. Construction has moved forward intermittently since then. A company official told The Daily Leader of Brookhaven he hopes construction will be completed in May, ...

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All American gets bad checks from Instant Tax

MADISON — All American Check Cashing reports several checks it cashed for customers of Instant Tax of Hattiesburg have been returned. The checks were issued to Instant Tax customers as part of a rapid advance tax refund. The checks were issued by Tax Tree of Miami, Florida and written on Bank of America. “While the refund anticipation loan industry has ...

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CF Rail Services buys another railcar repair facility

CF Rail Services has assumed the operations of the railcar repair facility located at in Longview, Wash. As part of its partnership with Patriot Rail Corp., which began with CF Rail Services operating three Patriot-owned facilities in September of 2011, CF Rail Services will assume this current railcar repair operation as well as assuming most of its current employees. This ...

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Jackson's EastGroup an entity all its own

While Parkway Properties is shifting its operations to Orlando and selling off nearly all its Jackson office properties, a company often incorrectly thought of as a cousin to Parkway – EastGroup Properties – is staying put in Mississippi’s capital. EastGroup CEO David H. Hoster II says the only reason his company and Parkway are believed to be joined at the ...

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Parkway's exit from Jackson market seen as needed step

Parkway Properties’ planned exit from office markets in Jackson, Memphis and Richmond, Va., gets a thumbs-up from analysts who call the market departures an overdue course correction. The consensus is the self-administered real estate investment trust is giving itself its best chance for success by leaving tertiary, or secondary, markets for core markets that can bring higher returns. With Parkway’s ...

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Justice Department opposes fees awarded to oil spill lawyers

NEW ORLEANS — The fees a judge awarded lawyers fighting BP discourage people from settling oil spill claims out of court, the Justice Department says. In a court filing, the Justice Department opposed U.S. District Judge Carl Barbier’s decision to set aside up to 6 percent of claims payments after Dec. 30 for trial lawyers affiliated with a steering committee ...

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Trustees want input on proposed oil spill plan

MISSISSIPPI GULF COAST — With the recently released Deepwater Horizon Draft Phase I Early Restoration Plan & Environmental Assessment (DERP/EA), federal and state trustees are asking the public to come make formal comments on the proposed plan for early restoration projects following the Deepwater Horizon (DWH) oil spill of 2010. Consisting of eight projects, two of which are Mississippi specific, ...

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Private donors falling short on pledge for arena study

JACKSON — Private donors have fallen far short of pledges toward a study of whether it makes sense for Jackson to build an arena — and, if it does, where it should be and how to pay for it. Private donors had pledged around $70,000 toward the $109,000 feasibility study, but that less than one-quarter of the money has been ...

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