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MBJ FEATURE

Energy audits can result in big savings

Numerous municipalities and other entities in Mississippi are benefitting from energy audits. Audits involve prioritizing energy usage by cost effectiveness, determining problem areas in a facility and identifying energy-efficiency opportunities. In this time of economic recovery, every dollar counts. Engineering firm Allen & Hoshall has performed many energy audits for entities that received stimulus funds for energy projects through the ...

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CDFIs can be ‘game changers’ here, Hope Enterprise CEO says

The acronyms can be a bit dizzying but the Treasury Department’s Community Development Financial Institution Fund, or CDFI, and its off-shoots are having an increasing impact in Mississippi. The initiatives the CDFI sponsors have opened the door to leveraging tens of millions of dollars for investment in the state’s economically distressed localities. Mississippi had 10 CDFIs in August 2009. Today, ...

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Fox in the henhouse?

Under current law, Mississippi Department of Insurance Commissioner Mike Chaney has the authority to regulate pharmacy benefit managers. The only problem is, the statute doesn’t provide much actual authority. Neither does a bill that is in conference committee that transfers that same weak regulatory authority to the Mississippi Board of Pharmacy. The first few thousand words in Senate Bill 2445 ...

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Many take exit to Ch. 7; others try ‘363 Sale’

The high cost of staying afloat while reorganizing under a Chapter 11 bankruptcy filing is forcing more businesses to accept unconditional surrender under Chapter 7 liquidation. But others are exiting their enterprises by attracting buyers who use a provision of the Chapter 11 code to pick up a debtor’s assets free of liens and other encumbrances. “Chapter 11 filings in ...

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Main Street Mississippi begins campaign to fund 5-year effort

Main Street Mississippi last week launched a fundraising effort to support a five-year plan to enhance Main Street projects and programs around the state. Main Street is counting on businesses to step up as main contributors to the effort to raise $1.8 million over the next years. With that money, Main Street Mississippi plans to make allocations of $360,000 a ...

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Lonely no more; bankruptcy lawyers remain in high demand

Back a half-dozen years ago when lenders lent like there would be no tomorrow business bankruptcy lawyer Doug Noble felt like a Maytag repairman. His phone wasn’t ringing. Everyone was busy lending, borrowing and making deals. “There was no insolvency-related work because no one was insolvent,” said Noble of McCraney, Montagnet & Quin in Jackson. “I didn’t do very much ...

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The ag gender gap

Women find myriad of opportunities in agriculture industry Certainty is hard to come by. The only thing certain in Lindsey Ellzey’s life is uncertainty. A farmer in Jones County, Ellzey feels there ought to be more awareness of and support for women in agriculture in Mississippi, and she is one of many females in agriculture-related endeavors welcoming the upcoming Mississippi ...

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Round of U.S. tax credits hold promise for new investment here

New Market Tax Credits are about to enlarge the mark they have already made on Mississippi. Born in the Clinton administration, the tax credits distributed through the Treasury Department have helped fund downtown Jackson projects such as the renovations of the King Edward Hotel and the Standard Life building as well as dozens of other commercial and residential projects in ...

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PGA’s Resort Classic returns to Fallen Oak

Unique funding model with four casinos makes PGA Champions Tour event possible Casinos on the Mississippi Gulf Coast usually are not much into collaboration with each other. The Mississippi Gulf Resort Classic is a noted exception. This week will mark the second consecutive year that four competing casino resorts — the Beau Rivage, IP Biloxi, Hard Rock Biloxi and the ...

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Making a Pilgrimage

Thousands flocking to Natchez to tour historic Southern homes The 2011 Natchez Spring Pilgrimage is in full tilt, and organizers are expecting this year to be the event’s best in a half-decade or so. With the exception some of the war years, the Natchez Spring Pilgrimage, which features tours of the city’s many historic homes, has been held annually since 1932. ...

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