Tuesday, August 7, 2012

Bruce Burrow files big bankruptcy

Posted By on Tue, Aug 7, 2012 at 11:59 AM

BRUCE BURROW
  • BRUCE BURROW
Bruce Burrow, the Jonesboro developer and political player, has filed for reorganization under bankruptcy laws, Mark Friedman of Arkansas Business reports. He listed assets between $10 and $50 million and debts between $50 and $100 million, including loans tied to the Hilton Hotel in Little Rock and the old Brandon's furniture building.

Burrow has been a major supporter over the years of Attorney General Dustin McDaniel, who, as a legislator, carried a bill that enabled Burrow to capture tax incentives to build a Jonesboro shopping mall. Court complications interfered with Burrow's plan to use the same legislation as leverage for a Bass Pro Shops development in North Little Rock. He and his wife, Sherry, had been appointed to high profile state boards — he on the Economic Development Commission and she on the state Board of Education.

Tags: , , , ,

Favorite

Speaking of...

Comments (3)

Showing 1-3 of 3

Add a comment

 
Subscribe to this thread:
Showing 1-3 of 3

Add a comment

More by Max Brantley

Readers also liked…

  • Monticello preparing for KKK rally

    Drew County authorities are taking precautions, but also watching their words, about apparent plans for a Ku Klux Klan meeting Saturday.
    • Jul 22, 2015
  • Trump immigration protest at LR: Quick and fierce

    It was not even 24 hours ago that Sophia Said, director of the Interfaith Center; City Director Kathy Webb and others decided to organize a protest today of Donald Trump's executive order that has left people from Muslim countries languishing in airports or unable to come to the US at all — people with visas, green cards,a  post-doc graduate student en route to Harvard, Google employees abroad, families. I got the message today before noon; others didn't find out until it was going on. But however folks found out, they turned out in huge numbers, more than thousand men, women and children, on the grounds of the state Capitol to listen to speakers from all faiths and many countries.
    • Jan 29, 2017
  • 2nd guilty plea in bribery case over state mental health services

    Arkansas Business reports here on a federal court filing Wednesday that shows a second person has pleaded guilty to a bribery scheme to help a major contractor of the state Department of Human Services.
    • Sep 17, 2015

Most Shared

Visit Arkansas

"Locally Labeled" passport expands to accommodate booming brew scene

"Locally Labeled" passport expands to accommodate booming brew scene

As if great beer weren't reward enough, you can earn prizes for sampling local craft beverages

Most Viewed

  • Cotton seeks friendlies for town hall

    Is Tom Cotton working to pack his town hall Wednesday in Springdale with fans. So says one source.
  • NRA opposes campus carry bill as amended

    The NRA, which calls most shots on gun bills in Arkansas, now opposes the campus carry bill primarily because it adds an additional training requirement before anyone 25 and older can take a concealed weapon on a public college campus.
  • House committee approves vote suppression amendment

    A House committee today talked about stripping colleges and the Highway Department of power and tightening procedures on constitutional amendments but in the end voted as Chairman Bob Ballinger orchestrated and expected — to put a Voter ID amendment on the 2018 ballot.
  • Prosecutor Cody Hiland says analysis indicates Damascus is a speed trap

    Prosecuting Attorney Cody Hiland has announced completion of a State Police analysis of Damascus police speed limit enforcement and concluded that statistics indicate tickets are written in excess of limits in law that define speed traps.
  • City board squelches Little Rock school talk

    A letter from Little Rock school activist Dr. Anika Whitfield happens to underscore a point I made earlier today — and in a column to be published this week. It lays some of the school district's problems on benign neglect, and sometimes malice, of the Little Rock City Board.

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation