by Associated Press Published: January 7,2013
Tags: bankrupt, bankruptcy, bench, curt, judge, judicial, judiciary, justice, law, legasl, oath, swear
ABERDEEN — A new bankruptcy judge for northern Mississippi will be sworn in Jan. 18. Jason Woodard, a 37-year-old lawyer from Birmingham, Ala., will be sworn in to replace David Houston III, the Northeast Mississippi Daily Journal reports. Houston had been the only federal bankruptcy judge in the Northern District since the bankruptcy court was [...] [...]
by Associated Press Published: October 30,2012
Tags: acquisition, approval, bankrupt, bankruptcy, cooperative, electric generation, electricty, light, lighting, merger, Power plant, powerr, purchase, sale, sell, state agency, utility
BATESVILLE and HATTIESBURG — The Mississippi Public Service Commission has approved the $286-million sale of bankrupt LSP Energy to South Mississippi Electric Power Association. Commissioners voted 3-0 yesterday to give Hattiesburg-based SMEPA the right to operate the natural gas-fired power station in Batesville. The order also gives SMEPA the right to acquire any rights of [...] [...]
by Associated Press Published: October 25,2012
Tags: acquisition, bankrupt, bankruptcy, casino, court, debt, entertainment, gamble, gambler, gambling, gaming, hospitality, hotel, lodging, merger, nightlife, purchase, restaurant, sale, sell, tourism, tourist, visitor
Vicksburg — An Oklahoma Indian tribe is moving forward with buying the DiamondJacks casinos in Bossier City, La., and Vicksburg. A bankruptcy auction did not occur after Global Gaming Solutions was the only bidder to qualify. The unit of the Chickasaw Nation of Oklahoma plans to pay $27.5 million in cash and $97.5 million in [...] [...]
by Associated Press Published: October 9,2012
Tags: acquisition, approval, bankrupt, bench, buy, commerciasl real estate, community college, country club, court, decision, higher education, judge, judicial, judiciary, justice, land, property, purchase, real estate, ruling, sell
COLUMBUS — A federal bankruptcy judge has approved East Mississippi Community College’s acquisition of the Columbus Country Club. EMCC was the only bidder at $1.6 million. EMCC officials tell The Commercial Dispatch the school will use the property to expand its course offerings and relocate programs from crowded campus in Mayhew. The country club, which [...] [...]
by Associated Press Published: September 11,2012
Tags: banking, bankrupt, city, close, closure, county, finance, loan, manufacture, manufacturer, manufacturing, municipality, planning district, plant, tax
BATESVILLE — A Batesville company that made framed pictures has closed as government entities and a bank fight over the bankrupt firm’s assets. James Curcio, executive director of the North Delta Planning and Development District, says Art Horizons Inc. closed in late August. According to a filing with the Mississippi Department of Employment Security, Art [...] [...]
by MBJ Staff Published: August 8,2012
Tags: acquisitiomn, bankrupt, bankruptcy, buy, buyer, casino, courts, gambling, gaming, judge, judicial, judiciary, sale, sell
VICKSBURG — By order of the U.S. Bankruptcy Court, Delta Development & Investments has retained Equity Partners CRB (EP) to find a buyer for its Grand Station Casino barge on the Yazoo River in Vicksburg. According to EP, many gaming-related machines and tables would be included in the sale. The court has ordered the accelerated [...] [...]
by Associated Press Published: August 3,2012
Tags: bankrupt, bankruptcy, bench, casino, convention, courts, entertainment, gaming, gammbling, hospitality, hotel, lodging, meeting, nightlife, restaurant, sale
VICKSBURG — The owner of casinos in Vicksburg and Bossier City, La., has filed for bankruptcy and plans to sell its casinos to an Oklahoma Indian tribe. Legends Gaming filed for Chapter 11 bankruptcy reorganization in Shreveport, La. The company says it will sell its DiamondJacks casinos to Global Gaming Solutions for about $27.5 million, [...] [...]
by Associated Press Published: May 23,2012
Tags: bankrupt, bankruptcy, cloth, clothes, debt, fabrics, losses, retail, sales, sewing
BALDWYN — Hancock Fabrics faces many challenges, according to analysts and the company. The Baldwyn-based company last month reported it lost nearly $11.3 million in the most recent fiscal year. The fabric and craft retailer additionally had to cope with falling sales and self-admitted merchandise problems. In the past year, it’s also hired a new [...] [...]
by Associated Press Published: April 27,2012
Tags: athleitcs, athletes, automobile dealerships, automobiles, bankrupt, bankruptcy, car dealerships, courts, lawsuit, professional athletes, retail, settlement
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 [...] [...]
by Associated Press Published: April 2,2012
Tags: bankrupt, bankruptcy, casinos, Commercial Real Estate, gambling, gaming, hospitality, hotel, lodging, real estate, tourism, tourists, visitors
NATCHEZ — Bankruptcy court filings show that a creditor is buying the Grand Soleil Hotel and proposed casino property for about $5.6 million. The Natchez Democrat reports RJB Financing, LLC will pay with about $4.1 million cash and a $1.5 million letter of credit. In May 2011, businesses reportedly owed a total of $1.6 million [...] [...]