Home » Author Archives: Ted Carter (page 30)

Author Archives: Ted Carter

Virginia company proposes 8-floor Jackson Convention Center hotel, parking garage

By TED CARTER A Herndon, Va., company that specializes in public-private development partnerships is proposing an $83.6 million, 302-room Jackson convention center hotel with a 1,000-space garage. Red Leaf Development says it can do the project without direct contributions from the City or Jackson Redevelopment Agency, though $41.8 million in borrowing will be necessary, either through a conventional loan backed by ...

Read More »

872 acres of Marion County sand, gravel, clay reserves on market after bankruptcy

The U.S. Bankruptcy Court has ordered the sale of  Marion Clay & Gravel’s 872-acre tract in Marion County containing significant sand, gravel and clay reserves. The court has retained investment banking services company Heritage Equity Partners, in conjunction with Jax Auctioneers, to seek a buyer. The property is situated between the Pearl River and Highway 43 in South Mississippi’s Marion ...

Read More »

(UPDATE) Mississippi seeks its own reckoning with JPMorgan over illegal debt collections

By TED CARTER Mississippi joined California in staying out of a legal settlement announced Wednesday by which JPMorgan Chase will pay 47 states and the federal government $125 million for illegal consumer credit collection practices. The settlement announced by the U.S. Consumer Financial Protection Bureau and the attorneys general of several states also includes $50 million in restitution to credit card ...

Read More »

Amerigo alums making mark as independent restaurant group

By TED CARTER Call them the four Amerigos. A partnership formed at Amerigo years ago has led David Conn, Doug Hogrefe, Ben Brock and Paul Schramkowski to create a casual dining enterprise on track to reach sales of $30 million annually, pay off its debt and open two additional restaurants in the fall. They seek simplicity over complex market analyses, preferring ...

Read More »

State looking to Hood for guidance on same-sex benefits signups

By TED CARTER State officials are awaiting word from Mississippi Attorney General Jim Hood on when to extend worker benefits to the same-sex spouses of state and school employees. The Department of Finance and Administration, the state agency that administers worker benefits to state and public school workers, says it needs guidance from Hood on whether to make the benefit signups ...

Read More »

Same-sex couples have few private workplace protections in Mississippi

  By TED CARTER  The U.S. Supreme Court has declared same-sex marriages legal but huge gaps remain in protecting gays, lesbians and transgender Americans from discrimination in private-sector hiring, firing and worker benefits. So says Matthew Steffey, a Mississippi College School of Law professor whose expertise includes civil rights and constitutional law. “Married in the morning, fired in the afternoon” ...

Read More »

CFPB investigators enlisting help of former managers of All American Check Cashing stores

By TED CARTER The U.S. Consumer Financial Protection Bureau has extended its investigation of Madison-based All American Check Cashing to include questioning of former managers of the company’s check cashing and payday lending stores. The Bureau had been reported to have sent investigators to Jackson to interview current and former executives of All American Check Cashing. But the Bureau’s interest ...

Read More »