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: , , , ,


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

  • Saturday's open line, plus some political notes

    The Saturday open line, with some political odds and ends:
    • Dec 15, 2018
  • Obamacare's ruin: Where are the boastful press releases from Arkansas Republicans?

    Silence so far from Republican politicians such as Leslie Rutledge on achievement of their long-stated dream, death to the Affordable Care Act. Could that be because most people now understand what a good thing President Obama did with its passage? Update: Rutledge applauds and offers empty promise of coverage.
    • Dec 15, 2018
  • Entergy demolishes old power plant near Stamps

    Entergy, the state's largest electric utility, yesterday used explosives to destroy the major parts of its closed Couch Plant near Stamps, which dated to 1943 and was designed to burn fuel oil or gas at two generating units. Named for power company founder Harvey Couch, it's been out of commission since 2013.
    • Dec 15, 2018
  • More »

Readers also liked…

Slideshows

  • Arkansas vs Ole Miss at War Memorial stadium in Little Rock, Saturday, Oct. 13, 2018. After leading for much of the game, Arkansas lost 37-33 when Ole Miss scored the game winning Touchdown with less that 2 minutes left. 
  • Margaret Clark Adventure Park
    New sculptures, preschoolers play area dedicated in Riverfront Park in Little Rock.

Most Recent Comments

 

© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation