Bruce Burrow files big bankruptcy | Arkansas Blog

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: , , , ,

From the ArkTimes store

Favorite

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…

  • LR speakers blast state board for double standard

    A series of speakers, beginning with Sen. Joyce Elliott, denounced what they saw as a hidden agenda favoring charter schools at the state Department of Education and asked the state Board of Education for return of local control.
    • May 12, 2016
  • The two cities of Little Rock: East/west, black/white

    The Little Rock City Board illustrated this week a community divided over public schools, another blow to the Little Rock School District and another illustration of the need for ward elections to the board.
    • Mar 23, 2017
  • Saturday's open line

    Got any thoughts? Put them here.
    • May 21, 2016

Most Shared

Most Recent Comments

Blogroll

 

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