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Author Archives: For the MBJ

DAVID DALLAS — The Dirt on Kemper Coal II: Lord Barbour Strikes Back

When the facts are piling up against you, change the subject. That is former Governor Haley Barbour’s new, painfully obvious strategy as he continues to lobby for Southern Company and its bottomless money pit, the Kemper County Coal Plant. Last week, Barbour compared the cost overruns and delays of the Kemper Plant to the construction of our Grand Gulf Nuclear ...

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LOUANN LOFTON: A book of maps for lovers of New Orleans

New Orleans is suffused with history, with mystery, with violence, and with sublime beauty. From shrimp po-boys to extravagant Mardi Gras floats, from the enormous live oaks lining St. Charles Avenue like silent, ancient sentries to second-line parades with loud brass bands weaving their way over pothole-laden streets, New Orleans leaves an impression. Trying to understand and make sense of ...

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COMMERCIAL FINANCE 701: Title certificates, reports, commitments & policies: The difference may be your job!

EDITOR’S NOTE: Commercial Finance 701 is a continuing series on commercial loans written exclusively for the Mississippi Business Journal.  This series is geared to lenders, developers, investors and transactional attorneys. A distinguished Mississippi attorney once observed, “Words mean so much more when you know what they mean.”  In some cases, words just don’t mean what we think — like decimate, factoid, ...

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Longtime Biloxi mayor Holloway resigns

The mayor who led Biloxi through the long casino boom of the 1990s and its recovery from 2005’s Hurricane Katrina is resigning. A.J. Holloway, who had already temporarily left his post on Jan. 29 to enter an alcohol rehabilitation facility, will resign Tuesday. Kenny Holloway, the 75-year-old mayor’s brother, delivered a resignation letter Thursday to Biloxi Administration Director David Nichols. ...

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DAVID DALLAS: Tax slasher productions comes to Mississippi

The Mississippi Film Office is a buzz about a new series of slasher films shooting at our state Capitol featuring Gov. Phil Bryant as Freddy Krueger, Speaker of the House Philip Gunn as Ghostface, and Lt. Gov. Reeves as the GingerDead Man. No worries, there will be no blood. This Tax Slasher production is brought to you by those jockeying ...

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MARK BLACKWELL — Diversification is challenging for business owners

Savvy investors don’t put their entire portfolio in a single stock, yet owners of privately held businesses often keep the bulk of their wealth in one enterprise – their own.  This concentration means that business owners face a myriad of financial risks that others don’t have to worry about. For one, if anything hurts the business’s revenue – an economic ...

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BEN WILLIAMS and MOLLY MOODY — Never trust a trust

Coming to his own defense, the unrepentant Mississippi Governor Ross Barnett once retorted:  “If you can’t trust a trusty, who can you trust?”  The “trusty” in Governor Barnett’s story involved a prisoner on unauthorized extended leave.  This column pertains to the considerably less exciting legal practice where one person (the Grantor) transfers legal title of property (the Corpus) to an ...

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SBA ‘road show’ promotes innovation, technology

From wire reports WASHINGTON – The U.S. Small Business Administration will launch an 18 state road tour, joined by 11 fellow federal agencies in the SBA’s Small Business Innovation Research and Small Business Technology Transfer programs. The tour includes a Mississippi stop in Long Beach during the week of April 27, according to a news release from the SBA. The ...

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