by Associated Press Published: September 26,2011
Tags: athletes, athletics, automobile dealerships, automobiles, bankruptcy, courts, lawsuit, professional sports, settlement, sports
JACKSON — A settlement conference has been postponed in a lawsuit related to a Nissan dealership that was owned by former New Orleans Saints running back Deuce McAllister. McAllister’s Nissan dealership in Jackson closed after filing for bankruptcy in 2009. A settlement conference the case had been scheduled for tomorrow, but that’s been pushed back [...] [...]
NATCHEZ — Natchez Regional Medical Center officials say the hospital’s financial problems should be cleared up by the next fiscal year. According to the Natchez Democrat, CFO Charles Mock says the hospital will pay off its debts in compliance with bankruptcy orders. Mock talked Monday with members of the Adams County Board of Supervisors. Mock [...] [...]
HATTIESBURG — The owners of a Hattiesburg nightclub where three University of Southern Mississippi football players were shot and wounded in November have filed for Chapter 11 bankruptcy. William D. Norris, along with several limited liability corporations he controls, filed petitions March 15 in the U.S. Bankruptcy Court in the Northern District of Mississippi, The [...] [...]
TUNICA — The Majestic Star Casino, LLC, and certain of its subsidiaries and affiliates have received confirmation of its second amended joint plan of reorganization from the United States Bankruptcy Court for the District of Delaware. The company said the court’s ruling and entry of a confirmation order following a hearing held on March 10 [...] [...]
Charles H. Evans Jr. and his brother Chris Evans have each been charged with two felonies by the U.S. District Attorney. On Dec. 16 the U.S. Attorney for the Southern District of Mississippi charged each of the brothers with conspiracy to commit money laundering and bank fraud. The punishment for bank fraud is a fine [...] [...]
HAMILTON – Tronox Incorporated announced that the United States Bankruptcy Court for the Southern District of New York has confirmed its reorganization plan to emerge from Chapter 11 bankruptcy. The company is the world’s third-largest producer and marketer of titanium dioxide pigment. The plan calls for Tronox, among other items, to reorganize around its existing [...] [...]
HAMILTON — Tronox Inc. announced that on Sept. 30, the United States Bankruptcy Court for the Southern District of New York approved the company’s reorganization. As a result of such approval, Tronox may now solicit votes on the First Amended Joint Plan of Reorganization of Tronox Incorporated, et al., pursuant to Chapter 11 of the [...] [...]
by Associated Press Published: September 23,2010
Tags: bankruptcy
NEW YORK — Troubled video-rental chain Blockbuster Inc. is filing for bankruptcy protection but will keep its stores and kiosks open as it reorganizes. In a submission to the U.S. Bankruptcy Court in the Southern District of New York today, the company said it plans to recapitalize its balance sheet and transform its business model. [...] [...]
FORT WORTH, Texas — More than two months after the Texas Rangers filed for bankruptcy, the auction for the AL West-leading team has come down to a bidding showdown between a baseball legend and one of the most colorful owners in professional sports. Major League Baseball’s preferred buyer, a group led by Hall of Fame [...] [...]
ARLINGTON, Texas — Texas Rangers president Nolan Ryan remains confident that he will be adding the title of team co-owner to his resume. A federal bankruptcy judge is still sorting out the club-initiated bankruptcy designed to spur completion of the sale of the team from Tom Hicks to a group led by Ryan, the Hall [...] [...]
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