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.
Top Posts & Pages
- Half century of memories — Christmas on Deer Creek to celebrate 50th anniversary
- Prison-contract task force working in wake of Epps' indictment
- Bryant wants free tuition for students with technical diploma
- (UPDATE) Gov. Bryant: $1.2 billion aluminum plant is a very exciting proposition for the state of Mississippi
- Analyst: KiOR Columbus plant may end up sold as scrap
- Prescott leads field for Conerly Trophy as state's best football player
- County to ask if it can use unspent hurricane recovery money
- BILL CRAWFORD: Bryant’s tax cut won’t stop spending growth
- UM Chancellor Jones: Lymphoma treatment going well