by Associated Press Published: May 15,2013
Tags: auction, bankrupt, bankruptcy, casino, Commercial Real Estate, counrt, demolition, gamble, gambler, gaming, judge, scrap
VICKSBURG — By late August, Vicksburg’s downtown City Front will be without a floating casino for the first time since 1993 if the winning bidder at an auction April 25 for the former Grand Station Casino follows through on a bankruptcy court-ordered sale of the vessel. What happens to the spot beyond late summer is [...] [...]
by Associated Press Published: May 5,2013
Tags: auction, bankrupt, bankruptcy, convention, hospitality, hotel, lodging, meeting, sale, sell
JACKSON — A May 22 online auction will determine the future of a downtown Jackson landmark. Auctioneer Benny Taylor tells the Mississippi Business Journal (http://bit.ly/113wahW) that several prospective bidders toured the eight-story Edison Walthall Hotel this past week. The hotel has been closed since early 2010 after burst water pipes extensively damaged the lower floors. [...] [...]
by Associated Press Published: April 29,2013
Tags: acquire, acquisition, bankrupt, bankruptcy, board of supervisors, buy, county, county government, distribution, port, sale, sell, supervisor, warehouse
NATCHEZ — Adams County has agreed to buy a 450,000-square-foot warehouse at the Natchez-Adams County Port. County board of supervisors President Darryl Grennell says the warehouse will help economic development in the area. The warehouse on the Mississippi River houses products loaded on and unloaded off barges. The port has operated the warehouse for Valley [...] [...]
by Associated Press Published: April 9,2013
Tags: auction, bankrupt, bankruptcy, casino, Commercial Real Estate, gamble, gambler, gaming, sale, sell, trustee
VICKSBURG — The trustee in the bankruptcy liquidation case of a closed Vicksburg casino boat will auction off the vessel and some its inventory on April 25. The Vicksburg Post reports a court hearing for creditors of the former Grand Station Casino will be heard again May 3. In March, U.S. Bankruptcy Judge Neil P. [...] [...]
MERIDIAN — The financial consultant brought into reorganize bankrupt Handy Hardware says the Texas company disputes a claim by the state of Mississippi that it owes $3.5 million to Lauderdale County. Handy Hardware President Morrie Aaron cites a 2009 memorandum of agreement that says Handy would not have to repay a federal Community Development Block [...] [...]
MERIDIAN — A Texas company that Mississippi officials say owes the state $3.5 million has filed for bankruptcy, complicating collection efforts. Handy Hardware, a hardware wholesale cooperative, announced in November it was closing its two-year-old Meridian warehouse. By then, the Houston company had missed an October interest payment to Capital One Financial Corp. and defaulted [...] [...]
TUPELO — The long-awaited opening of the Mississippi Department of Transportation’s District 1 headquarters is on track for June. MDOT project engineer Matt Dunn tells the Northeast Mississippi Daily Journal the exterior work is done, but there’s still work left to do on the inside. The $5.1-million, 34,000-square-foot facility was scheduled to be finished last [...] [...]
by Associated Press Published: February 5,2013
Tags: acquire, acquisition, bankrupt, bankruptcy, buy, casino, Commercial Real Estate, convention, entertainment, gamble, gambling, gaming, hospitality, hotel, lodging, meeting, nightlife, purchase, restaurant, sale, sell, tourism, tourist, vacation, visitor
VICKSBURG — An Oklahoma Indian tribe is no longer planning to spend $125 million to buy the bankrupt DiamondJacks casinos in Bossier City, La., and Vicksburg from Legends Gaming. Global Gaming Solutions, a unit of the Chickasaw Nation of Oklahoma, wrote in court papers filed Jan. 25 that the DiamondJacks operations had run further downhill [...] [...]
by Associated Press Published: January 23,2013
Tags: bankrupt, bankruptcy, bench, casino, city, commercial real estater, court, downtown, entertainment, gamble, gambler, gambling, gaming, judge, judicial, judiciary, justice, municipal, municipality, nightlife, property
VICKSBURG — More than nine months after the Grand Station Casino closed amid bankruptcy, the property near Vicksburg’s City Front is in disrepair as several issues are settled in court. In October, U.S. Bankruptcy Judge Neil P. Olack awarded the casino to M Street Inc. after it bid $400,000 for the 36,000-square-foot facility in a [...] [...]
by Associated Press Published: January 21,2013
Tags: acquire, acquisition, bankrupt, bankruptcy, broke, court, media, medium, purchase, sale, sell, station, television, TV
JACKSON — St. Louis, Mo.-based Roberts Cos. is selling a TV station in Mississippi, one of many assets the financially troubled company has on the market. The St. Louis Post-Dispatch reports a bankruptcy judge approved the sale of WRBJ in Jackson to Trinity Broadcasting Network, a nonprofit religious corporation. Roberts Cos. is led by St. [...] [...]
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