Bankruptcy judge to decide tax dispute
U.S. Bankruptcy Judge David W. Houston III wrapped up a hearing this past week. Houston told attorneys for both sides that he will rule in the case in about a month.
The city and county want $1.9 million they say is due in property taxes from the hospital.
UPS Capital and Stillwater National Bank, the bankrupt facility’s major creditors, have objected to paying the taxes, citing an exemption in state law for nonprofit hospitals.
Tri-Lakes has continued to operate during the bankruptcy proceedings.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Mississippi Film Studios signs contract with New Orleans company
- Peavey's wellness program honored after workers drop 1,000 pounds
- Mars Food expanding Delta plant; investing $31M and adding jobs
- Watkins says JRA out to block him from Farish by repaying HUD $1.5M
- Pickering lists concerns over Mississippi Adequate Education Program formula
- Group, lesbian couples look to overturn state's ban on same-sex marriages
- Board authorizes sale of company that owns Silver Slipper Casino
- State renews battle over water use with city of Memphis
- GreenTech holds grand opening of neighborhood electric vehicle plant