Hearing scheduled in fairground bankruptcy case - KAIT Jonesboro, AR - Region 8 News, weather, sports

Hearing scheduled in fairground bankruptcy case

(Source: KAIT) (Source: KAIT)
JONESBORO, AR (KAIT) -
A federal bankruptcy judge will hear arguments in the ongoing case to repay contractors who built the Craighead County Fair Association building, 7001 Johnson Avenue in Jonesboro.
The hearing will be held March 10 at 10 a.m. Contractors have filed claims to collect money for work they performed on the project.
In 2014, the Craighead County Fair Association filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Eastern District of Arkansas.
After the bankruptcy was declared, the fair sold the property in order to raise the money to pay the debt.
An attorney appointed to handle the case has stated that he will look to reduce the amount of claims made by contractors. He also stated the money raised from the sale is not enough to pay all of the debt.

Copyright 2017 KAIT. All rights reserved.

Watch Region 8 News On Demand: On your Desktop | On your Mobile device

Region 8 News App - Install or update on your: iPhone | Android

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • Community reacts to discovery of dead infants found in suitcase

    Community reacts to discovery of dead infants found in suitcase

    Saturday, February 17 2018 7:29 PM EST2018-02-18 00:29:51 GMT
    Saturday, February 17 2018 7:34 PM EST2018-02-18 00:34:52 GMT
    (Source: KAIT)(Source: KAIT)

    Residents in Cross County are still in shock after the bodies of infant twins were found in a suitcase on County Road 602.

    Residents in Cross County are still in shock after the bodies of infant twins were found in a suitcase on County Road 602.

  • breaking

    Student arrested in school threat

    Student arrested in school threat

    Saturday, February 17 2018 6:10 PM EST2018-02-17 23:10:31 GMT
    Saturday, February 17 2018 6:46 PM EST2018-02-17 23:46:16 GMT

    According to Cave City Police Chief Brian Barnett, a juvenile was arrested Saturday on suspicion of terroristic threatening after the student sent a picture. 

    According to Cave City Police Chief Brian Barnett, a juvenile was arrested Saturday on suspicion of terroristic threatening after the student sent a picture. 

  • breaking

    Authorities search for missing autistic teenager

    Authorities search for missing autistic teenager

    Saturday, February 17 2018 12:46 PM EST2018-02-17 17:46:31 GMT
    Saturday, February 17 2018 4:13 PM EST2018-02-17 21:13:19 GMT

    According to a post on the Mississippi County Sheriff's Department's Facebook page, authorities are looking for a missing 18-year-old special needs autistic student. 

    According to a post on the Mississippi County Sheriff's Department's Facebook page, authorities are looking for a missing 18-year-old special needs autistic student. 

Powered by Frankly