Allen Casey Faces Lawsuit By River Barge Investors

Saturday, September 20, 2008

Developer Allen Casey is facing a Chancery Court lawsuit from investors in a $30 million Northshore development he announced on 9.4 acres along Manufacturers Road in 2002.

The suit by John and Barbara Winesett, Roy Roach and Gregory Hellwig of Hamilton County and David Debter of Catoosa County, Ga., said Mr. Casey has since sold about half the property, including tracts he pledged as collateral for their loans.

Mr. Casey, who launched the Chattanooga Choo Choo in the 1970s, in 2002 said the project would include an 8-story AmeriSuites hotel and a floating steakhouse restaurant on a barge. Condominiums would be added later, he said.

The suit says Mr. Casey in January sold three tracts at the site to Jackson Wingfield.

The plaintiffs said they loaned Mr. Casey $555,000 for the project. They were to be given shares in the development.

The total indebtedness on the loan now stands at over $1.5 million, counting the 10 percent interest per year interest, according to the suit filed by attorney L. Blair Bennington.

They are asking a judgment for $550,000 plus interest at the rate of 10 percent per year.

The


Shop Rite Places 1st In Walker County Chamber Of Commerce Annual Golf Tournament

Seventeen teams enjoyed a beautiful day of golf at the LaFayette Golf Course for the Walker County Chamber of Commerce’s Annual Golf Tournament.  First place honors were awarded to Shop Rite while second place went to Georgia Power and third place to Flegal Insurance. Men’s Longest Drive went to Elijah Parker of First Volunteer Bank, Women’s Longest Drive went to Tracey ... (click for more)

Farmers Insurance Names Chattanooga Agent Drew Sill To Presidents Council

Farmers Insurance agent  Drew Sill  has been named to the national insurer’s Presidents Council, the Los Angeles-based insurance company announced.  Membership in Presidents Council is  an elite honor for the insurer group’s  top  one- percent  of agents and district managers . “On behalf of the thousands of Farmers agents, district ... (click for more)

Sources Say Domestic Incident Involving Mayor's Aide Came After Husband Confronted Her And Mayor Behind Restaurant; Berke Says Charge "Absolutely False"; Fletcher Says Gave Shelter To Lacie Stone; Case Handled Like Any Other

A domestic disorder involving a top female aide to Mayor Andy Berke was sparked after her husband recently confronted the aide and the mayor in a parked car behind a Mexican restaurant, several sources said.   Mayor Andy Berke said late Tuesday night, "Last weekend a member of my senior staff was the victim of a domestic assault involving her husband. Upon being arrested ... (click for more)

Attorney For Bobby Stone Hits Berke, Fletcher For Commenting On Pending Case

The attorney for Bobby Stone on Wednesday said it was "fundamentally wrong" for Mayor Andy Berke and Police Chief Fred Fletcher to comment on the case in which Mr. Stone is charged with domestic assault against his wife, Berke advisor Lacie Stone. Attorney Lee Davis said the comments were unfair and "a disservice to the court." Mayor Berke denied any inappropriate contact ... (click for more)

Case Handled Like Any Other? - And Response

It is interesting that Chief Fletcher would deem the handling of the Mayor's encounter as typical or normal. Is the Chief asking the public to believe that all misdemeanor domestic violence arrests include a 4-hour taped interrogation, and delayed reporting after a visit to the Chief’s house. Of course, we believe that Chief Fletcher. April Eidson * * *  I ... (click for more)

Roy Exum: Christian Schools Bully, Too

Earlier this week, after I shared a story about bullying written by a very brave mother, it opened a floodgate of emails from parents and students who have been forced to endure such madness in our elementary, junior and senior high schools. Discipline is the No. 1 problem in our schools. Because of it, or because of a lack of it, no wonder our children cannot achieve all that ... (click for more)