Lawyer reports McAllister, Nissan reach settlement
Published: April 27,2012
JACKSON — A lawyer for Deuce McAllister says a deal has been reached with Nissan Motor Acceptance Corp. in a federal lawsuit over the former Ole Miss and New Orleans Saints running back’s failed Mississippi car dealership.
Attorney Joe Roberts tells The Associated Press the settlement has been submitted to the court for approval. He says confidentiality agreements prevent him from disclosing the terms.
Nissan spokesman Steve Parrett didn’t immediately respond to a message seeking comment.
The dealership in Jackson closed in 2009 and filed for Chapter 7 liquidation under federal bankruptcy law.
NMAC sued McAllister and Deuce McAllister Motors, LLC in October 2009 for more than $1.5 million. McAllister filed a counter claim in which he said Nissan didn’t help his dealership succeed.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Spivey named Under 40 Business Person of the Year by the Mississippi Business Journal
- JACK WEATHERLY: Finding a house, defending a neighborhood, finding a voice
- Top 40 Under 40
- Bids on reworking Interstate 55 stretch are rejected
- Terminal upgrade on indefinite hold at Jackson International Airport
- JACK WEATHERLY: Economic development in these parts is a ‘family’ business
- CFPB wants repay ability at center of new payday loan rules
- MDA to close all its regional offices
- Top 40 Under 40 (digital magazine)