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. [...] [...]
A couple of years back, an article in Business Week caught my attention by stating that older Americans -those identified as 55 and over, are filing for bankruptcy at a faster rate than the general population today. Even more surprising in this category would be the inclusion of those raised during the Depression and World [...] [...]
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 [...] [...]
by Associated Press Published: March 4,2013
Tags: auction, babkrupt, bankruptcy, casino, court, creditor, gamble, gambling, gaming, inventory, law, legal, trustee, vessel
VICKSBURG — The trustee in the bankruptcy liquidation case of a closed Vicksburg casino boat has requested that the vessel and some of its inventory be auctioned. The Vicksburg Post reports creditors of the closed Grand Station Casino will go before a court-appointed trustee on April 5 as the case proceeds. Trustee Stephen Smith continued [...] [...]
McGlinchey Stafford, PLLC is pleased to announce the election of Stephen T. Masley as a member of the firm. Masley joined McGlinchey Stafford as an associate in 2006. Masley practices in the commercial litigation section of the firm, primarily focusing on bankruptcy, consumer class actions and consumer financial services litigation. He earned his J.D. [...] [...]
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 [...] [...]
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