Posts Tagged ‘takeover’

State Senate approves school-takeover bill

JACKSON — Requirements for the Mississippi Department of Education to take over dozens of struggling schools would be eased under a proposal moving forward in the Legislature. The state Senate approved an amended version of House Bill 455 today, sending it back to the House for more work. Today, the state would be required to […] [...]

Delta schools lose in bid to stop state takeover

LEFLORE COUNTY — The Leflore County school system will not be allowed to block a state takeover. In an order issued yesterday, the state Supreme Court said the school system has no legal right to appeal an emergency takeover order from the governor. The ruling sets a precedent to block future challenges from other districts. […] [...]

Hinds County judge blocks state takeover of Delta schools

LEFLORE COUNTY — Hinds County Circuit Judge Winston Kidd has blocked the state’s takeover of the Leflore County school district. Kidd ruled today that the district is owed a formal hearing before the state can depose the current superintendent and school board. The state has said it used another section of state law and no […] [...]

Judge blocks takeover of school system; second district asks for stay

LEFLORE COUNTY and CLAIBORNE COUNTY — A Hinds County judge has blocked the state takeover of the Leflore County school district, while the Claiborne County school district is asking another judge to reverse a takeover. Judge Winston Kidd signed a temporary order blocking the Leflore takeover Monday, the same day Gov. Phil Bryant declared emergencies […] [...]

Bryant declares emergency in two school districts

CLAIBORNE COUNTY and LEFLORE COUNTY — Gov. Phil Bryant declared a state of emergency yesterday in the Claiborne County and Leflore County school districts, clearing the way for the state Department of Education to take them over. The State Board of Education last Friday sought the declaration so it could remove superintendents and school boards […] [...]

Board votes for emergency declaration for two school systems

AROUND MISSISSIPPI — The Mississippi state Board of Education is seeking to take over the Claiborne County and Leflore County school districts, but will grant the Yazoo City system a reprieve. The board voted this morning to ask Gov. Phil Bryant to declare states of emergency in Claiborne and Leflore. The move would mean that […] [...]

School districts face state takeover this week

AROUND MISSISSIPPI — Three Mississippi school districts have moved one step closer to a state takeover. The state Accrediting Commission recommended yesterday that states of emergency be declared in the Claiborne County, LeFlore County and Yazoo City school districts. The state would take over the district if the state Board of Education approves the recommendation […] [...]

Board to vote on returning schools to local control

AROUND MISSISSIPPI — Three Mississippi school districts are poised to be returned to local control over the next year. The three districts — North Panola, Hazlehurst and Tate County — were taken over by the state for failure to meet state standards. The state Board of Education is likely to vote tomorrow to end the […] [...]

Committee approves bill limiting school district takeovers

JACKSON — State education officials could only take over a school district for three years under a bill moving forward in the Senate. The Senate Education Committee approved Senate Bill 2124, sponsored by Sen. Steve Hale, D-Senatobia. The bill goes to the Senate for more debate. Hale says that it should be clearer what has […] [...]

Cadence faces deadline and possible FDIC takeover

by Ted Carter Published: September 17,2010

Tags: banking, Cadence, FDIC, takeover

Starkville-based bank must meet capital requirements of a May consent order issued by the Office of the Comptroller of the Currency Starkville’s troubled Cadence Bank faces a crucial regulatory test with a Sunday deadline to meet capital requirements of a May consent order issued by the Office of the Comptroller of the Currency. The $1.87-billion regional bank […] [...]

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