Mississippi Business Journal » bankruptcy http://msbusiness.com Mississippi Business Journal Fri, 24 May 2013 20:36:00 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 Defunct casino to be moved; cost could rise depending on ‘crud’ http://msbusiness.com/blog/2013/05/15/defunct-casino-to-be-moved-cost-could-rise-depending-on-crud/?utm_source=rss&utm_medium=rss&utm_campaign=defunct-casino-to-be-moved-cost-could-rise-depending-on-crud http://msbusiness.com/blog/2013/05/15/defunct-casino-to-be-moved-cost-could-rise-depending-on-crud/#comments Wed, 15 May 2013 11:28:20 +0000 Associated Press http://msbusiness.com/?p=74772 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 [...]

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]]> http://msbusiness.com/blog/2013/05/15/defunct-casino-to-be-moved-cost-could-rise-depending-on-crud/feed/ 0 Downtown iconic hotel going on auction block http://msbusiness.com/blog/2013/05/05/downtown-iconic-hotel-going-on-auction-block/?utm_source=rss&utm_medium=rss&utm_campaign=downtown-iconic-hotel-going-on-auction-block http://msbusiness.com/blog/2013/05/05/downtown-iconic-hotel-going-on-auction-block/#comments Sun, 05 May 2013 18:35:03 +0000 Associated Press http://msbusiness.com/?p=74321 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. [...]

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]]> http://msbusiness.com/blog/2013/05/05/downtown-iconic-hotel-going-on-auction-block/feed/ 0 County to buy abandoned warehouse, industrial property http://msbusiness.com/blog/2013/04/29/county-to-buy-abandoned-warehouse-at-port/?utm_source=rss&utm_medium=rss&utm_campaign=county-to-buy-abandoned-warehouse-at-port http://msbusiness.com/blog/2013/04/29/county-to-buy-abandoned-warehouse-at-port/#comments Mon, 29 Apr 2013 16:37:20 +0000 Associated Press http://msbusiness.com/?p=74005 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 [...]

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]]> http://msbusiness.com/blog/2013/04/29/county-to-buy-abandoned-warehouse-at-port/feed/ 0 Trustee to auction off closed casino, some inventory http://msbusiness.com/blog/2013/04/09/trustee-to-auction-off-closed-casino-some-inventory/?utm_source=rss&utm_medium=rss&utm_campaign=trustee-to-auction-off-closed-casino-some-inventory http://msbusiness.com/blog/2013/04/09/trustee-to-auction-off-closed-casino-some-inventory/#comments Tue, 09 Apr 2013 11:28:56 +0000 Associated Press http://msbusiness.com/?p=72946 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. [...]

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]]> http://msbusiness.com/blog/2013/04/09/trustee-to-auction-off-closed-casino-some-inventory/feed/ 0 TROTTER: Dealing with the issues of debt http://msbusiness.com/blog/2013/03/29/trotter-dealing-with-the-issues-of-debt/?utm_source=rss&utm_medium=rss&utm_campaign=trotter-dealing-with-the-issues-of-debt http://msbusiness.com/blog/2013/03/29/trotter-dealing-with-the-issues-of-debt/#comments Fri, 29 Mar 2013 14:53:09 +0000 Ike Trotter http://msbusiness.com/?p=72522 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 [...]

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]]> http://msbusiness.com/blog/2013/03/29/trotter-dealing-with-the-issues-of-debt/feed/ 0 Bankrupt company says it owes county nothing http://msbusiness.com/blog/2013/03/20/bankrupt-company-says-it-owes-county-nothing/?utm_source=rss&utm_medium=rss&utm_campaign=bankrupt-company-says-it-owes-county-nothing http://msbusiness.com/blog/2013/03/20/bankrupt-company-says-it-owes-county-nothing/#comments Wed, 20 Mar 2013 11:48:19 +0000 Associated Press http://msbusiness.com/?p=71766 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 [...]

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]]> http://msbusiness.com/blog/2013/03/20/bankrupt-company-says-it-owes-county-nothing/feed/ 0 Firm that owes state millions files for bankruptcy http://msbusiness.com/blog/2013/03/11/firm-that-owes-state-millions-files-for-bankruptcy/?utm_source=rss&utm_medium=rss&utm_campaign=firm-that-owes-state-millions-files-for-bankruptcy http://msbusiness.com/blog/2013/03/11/firm-that-owes-state-millions-files-for-bankruptcy/#comments Mon, 11 Mar 2013 16:30:50 +0000 Associated Press http://msbusiness.com/?p=71087 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 [...]

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]]> http://msbusiness.com/blog/2013/03/11/firm-that-owes-state-millions-files-for-bankruptcy/feed/ 1 Trustees of bankrupt casino want to auction off boat, inventory http://msbusiness.com/blog/2013/03/04/trustees-of-bankrupt-casino-want-to-auction-off-boat-inventory/?utm_source=rss&utm_medium=rss&utm_campaign=trustees-of-bankrupt-casino-want-to-auction-off-boat-inventory http://msbusiness.com/blog/2013/03/04/trustees-of-bankrupt-casino-want-to-auction-off-boat-inventory/#comments Mon, 04 Mar 2013 13:02:00 +0000 Associated Press http://msbusiness.com/?p=70800 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 [...]

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]]> http://msbusiness.com/blog/2013/03/04/trustees-of-bankrupt-casino-want-to-auction-off-boat-inventory/feed/ 0 Stafford made member http://msbusiness.com/blog/2013/03/01/stafford-made-member/?utm_source=rss&utm_medium=rss&utm_campaign=stafford-made-member http://msbusiness.com/blog/2013/03/01/stafford-made-member/#comments Sat, 02 Mar 2013 04:38:57 +0000 MBJ Staff http://msbusiness.com/?p=71402   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. [...]

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]]> http://msbusiness.com/blog/2013/03/01/stafford-made-member/feed/ 0 After much delay, new MDOT headquarters nearing completion http://msbusiness.com/blog/2013/02/22/after-much-delay-new-mdot-headquarters-nearing-completion/?utm_source=rss&utm_medium=rss&utm_campaign=after-much-delay-new-mdot-headquarters-nearing-completion http://msbusiness.com/blog/2013/02/22/after-much-delay-new-mdot-headquarters-nearing-completion/#comments Fri, 22 Feb 2013 13:54:15 +0000 Associated Press http://msbusiness.com/?p=70167 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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