Posts Tagged ‘bankrupt’

Chickasaws moving forward on buy of riverboat casino

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 […] [...]

Judge approves college’s purchase of country club

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 […] [...]

Art Horizons closes; owes county, city and planning district

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 […] [...]

Owners of bankrupt casino ordered to find buyer

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 […] [...]

Owners of DiamondJacks Casino bankrupt; selling to Chickasaws

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, […] [...]

Hancock Fabrics losses mount; faces many challenges

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 […] [...]

Lawyer reports McAllister, Nissan reach 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 […] [...]

Creditor looking to buy bankrupt Grand Soleil, casino property

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 […] [...]

New Orleans-based company buying bankrupt Monmouth

NATCHEZ — A New Orleans hotel management company is purchasing Monmouth, a historic plantation property. The Natchez Democrat reports New Orleans Hotel Consultants, a hotel management company, is taking over operations at Monmouth after United Mississippi Bank initiated foreclosure proceedings on the property Feb. 29. Warren Reuther, president of New Orleans Hotel Consultants, declined to […] [...]

Audit shows bankrupt Natchez Regional faring better financially

by Associated Press Published: March 20,2012

Tags: audit, bankrupt, bankrutcy, board of supervisors, county government, health, health care, hospitals, medicine

NATCHEZ — An audit shows Natchez Regional Medical Center was doing better off financially in 2011 than it was in 2010. NRMC CFO Charles Mock presented the Adams County Board of Supervisors yesterday with the hospital’s financial audit for the fiscal year ending Sept. 20, 2011. After the meeting, Mock told The Natchez Democrat the […] [...]

« Previous Page

Recent Posts

Polls

How ready is your business for health care reform?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments