Arkansas Business details settlement of banker Scooter Stuart's money | Arkansas Blog

Thursday, October 1, 2015

Arkansas Business details settlement of banker Scooter Stuart's money

Posted By on Thu, Oct 1, 2015 at 12:07 PM

Arkansas Business has the details on the resolution of a dispute over assets seized from the estate of  Layton "Scooter" Stuart, former CEO of One Bank and Trust.

The government seized almost $15 million almost two years ago, most of it from life insurance policy proceeds. One Bank will get $6.9 million. The government and the Stuart family will split $8 million to settle a lawsuit over his assets. Stuart, who died in 2013, allegedly diverted federal bailout money to personal use.

Tags: ,

From the ArkTimes store



Showing 1-1 of 1

Add a comment

Subscribe to this thread:
Showing 1-1 of 1

Add a comment

More by Max Brantley

Readers also liked…

  • Auditor Lea caught not telling the truth

    State Auditor Andrea Lea, who began her tenure in statewide office with a degree of competence unseen in some other Republican counterparts (think Treasurer Dennis Milligan particularly), is becoming more deeply mired in a political scandal.
    • Mar 4, 2016
  • City Board votes to table homeless feeding ordinance for 8 weeks, study with commission

    The Little Rock Board of Directors voted tonight to table for eight weeks an ordinance that homeless advocates say would severely limit the ability of charities to feed homeless people in city parks. Before the ordinance was punted, Vice Mayor Kathy Webb proposed a nine-member commission to study the issue and make recommendations to the board.
    • May 16, 2017
  • Another Republican miracle-working governor

    Great piece in Washington Post on the budget crisis in Louisiana. Big tax cuts and corporate welfare will do that to a state, particularly to a state whose previous governor, Republican Bobby Jindal, refused to join the Obamacare-funded Medicaid expansion. There's a lesson there for Arkansas.
    • Mar 4, 2016

Most Shared

Most Recent Comments



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