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Posts Tagged ‘bankruptcy’

Judge gives McAllister, Nissan more time for negotiating

by Associated Press Published: January 6,2012

Tags: autombile dealerships, automobiles, Automotive, bankruptcy, Cars, courts, lawsuit, vehicles

JACKSON — A federal judge is giving attorneys for former New Orleans Saints running back Deuce McAllister and Nissan Motor Acceptance Corp. more time to negotiate a settlement in a lawsuit between them over the football star’s failed Jackson auto dealership. A court filing late yesterday said “because progress was demonstrated” U.S. Magistrate Judge Linda Anderson [...] [...]

Judge sets deadline in McAllister-Nissan lawsuit

JACKSON — A federal judge has set a deadline for settlement negotiations in a lawsuit between Nissan Motor Acceptance Corp. and Deuce McAllister related to a car dealership the former New Orleans Saints star owned in Mississippi. U.S. Magistrate Judge Linda R. Anderson set a telephone conference for Jan. 5 and said discovery will resume immediately [...] [...]

Creditors win right to go after Roberts’ other holdings

by Associated Press Published: December 19,2011

Tags: bankruptcy, broadcasting, creditors, media, television

JACKSON — Creditors in a bankruptcy case involving Roberts Broadcasting Co. will be able to sue other businesses belonging to the company’s owners. St. Louis-based Roberts Broadcasting is owned by Michael and Steven Roberts, who filed for Chapter 11 bankruptcy in October with debts totaling more than $4 million. The St. Louis Post-Dispatch reports several real estate [...] [...]

Owners of two historic tourist attractions file bankruptcy

by Associated Press Published: December 8,2011

Tags: bankruptcy, culture, historic, m visitors, plantation, real estate, tourism, tourists

NATCHEZ — An historic mansion and a tavern that has operate for decades in downtown Natchez have filed for bankruptcy protection from foreclosure. The Natchez Democrat reports both Monmouth Plantation and King’s Tavern remain open. Monmouth co-owner Ron Riches says the business filed Chapter 11 bankruptcy last week to avoid the foreclosure scheduled for this week. The [...] [...]

Majestic Star emerges from Chapter 11 bankruptcy

by Associated Press Published: December 2,2011

Tags: bankruptcy, casinos, gambling, gaming, hospitality, hotels, lodging, meetings and conventions, restaurants, tourism, tourists, visitors

ROBINSONVILLE — Majestic Star Casino, which owns Fitzgeralds Casino Hotel in Robinsonville, has emerged from Chapter 11 bankruptcy reorganization. The Las Vegas company said it had eliminated more than $500 million in debt. The company is now owned by former lenders, with Minnesota-based Wayzata Investment Partners the largest shareholder. Fitzgeralds, one of nine casinos in Tunica County, [...] [...]

Commission OKs proposed new owners of Delta casinos

TUNICA — The Mississippi Gaming Commission has approved a structure to allow the seamless transition and uninterrupted operations of the Resorts and Bally’s casinos in Tunica, according to Foundation Gaming Group, LLC. As previously reported, the two Mississippi casinos were part of the ACH, an Atlantic City casino. New Jersey casino regulators approved a plan to [...] [...]

McAllister-Nissan settlement conference delayed

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 until [...] [...]

Officials: Hospital rebounding from bankruptcy

by Associated Press Published: September 21,2011

Tags: bankruptcy, healthcare, hospitals

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 says the hospital [...] [...]

Owners of Hub City nightclub file Chapter 11

by Associated Press Published: March 27,2011

Tags: athletics, bankruptcy, courts, entertainment, law enforcement, nightclubs, shootings

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 Hattiesburg [...] [...]

Majestic Star’s reorganization plan approved

by For the MBJ Published: March 14,2011

Tags: bankruptcy, casinos, gambling, gaming, reorganization

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 allows [...] [...]

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