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


2014 OPGA/POINT Freedom Award Presented To Eclipse Medical

Eclipse Medical, LLC in Chattanooga received the 2014 OPGA/POINT Freedom Award for their service and dedication to veterans and active duty soldiers. The OPGA/POINT Freedom Award recognizes OPGA and POINT members who have provided orthotic and prosthetic fitting and/or rehabilitation for soldiers wounded in action. “Every day more and more of our brave men ... (click for more)

Over Qualified

The loss of a job can be somewhat of a traumatic experience.  Many emotions accompany this life altering event, there are many highs and just as many lows, I will explore the highs and lows at a later time, but what I want this article to focus on are two little words that have a very demoralizing affect on the job seeker, “Over Qualified.” Being labeled “Over Qualified,” ... (click for more)

Architect/Contractor Selected By Erlanger For New Children's/Women's Hospital

HKS has been selected as the architect and McCarthy as the construction manager for a new Children’s and Women’s Hospital at the Erlanger campus on East Third Street. The Atlanta team competed against another Atlanta group for the major construction project. Erlanger officials announced Monday that $11.5 million is being set aside in a debt restructuring for the new $30 ... (click for more)

Westfield Charged In Burning, Torture Of Kitten At Cleveland

An arrest has been made in the case of a kitten who was burned and tortured in Cleveland, Tn. At 12:50 p.m. on Tuesday, Gary A. Westfield, 31, of Cleveland, was placed in custody on a warrant obtained by Lt. Robert Harbison and Detective Matt Jenkins of the Criminal Investigations Division. Westfield was charged with aggravated cruelty to animals, which is a Class E felony. ... (click for more)

Chattanooga Has Lost Its Most Popular Citizen - Luther Masingill

Chattanooga has lost its most popular citizen – Luther Masingill. Although we are saddened we cherish the memories.  All of us have a Luther story.  Mine is the first time I met Luther.  This was before TV and all of Chattanooga listened to Luther on the radio.  I was 12-years-old.  Some of my buddies and I had gone to the State Theater in downtown ... (click for more)

Roy Exum: An Election Day Fable

Every day I am peppered with emails that friends send to me from across the country so I am unsure of where the fable you are about to read originated. But with early voting for the November general election now in full swing, I think everyone who will -- or will not -- take part in freedom’s greatest privilege should read this story because I believe there is a great lesson contained ... (click for more)