Hope Jerious didn't write that check yet.
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 TheBigDA
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WTVA reported at 6 that Duece is filing for bankruptcy. |
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Posts: 292 03/03/09 07:14 PM |
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Spotdawg |
WAPT in Jackson reports that.... | #1 | ||
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Posts: 523 03/03/09 07:24 PM |
Deuce McAllister Nissan has filed for chapter 11...and that Nissan Motor Credit is pursuing them for around $900K. They have attempted to seize the supposedly
$5M in inventory to secure the debt. Sounds like somebody didn't pay the floorplan.
More than likely, Deuce is insulated in this. He prob doesn't have a whole lot of his own money in it. When it was formed, there were some guys in Slidell I think that bankrolled it. |
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BriantheDawg |
Damn, I just hate it for him. | #2 | ||
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Posts: 1761 03/03/09 07:36 PM |
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Thank you, Mr. Greg Byrne.
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DogStuckAtUM |
Agreed. Didn't he and Jerious recently go into a business venture together? | #3 | ||
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Posts: 800 03/03/09 07:56 PM |
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Dog in the Know |
If I am not mistaken.... | #4 | ||
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Posts: 469 03/03/09 08:06 PM |
Kent Hull had to do the same thing a few years back. he was a silent minority partner in a business deal that went bad.
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Dawg725 |
Deuce is ok | #5 | ||
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Posts: 664 03/03/09 08:07 PM INTENSITY |
You're right. He doesn't have much stake AND it's the dealership being sued, not Deuce.
Deuce is more or less a "marketing campaign" for these dealerships. Remember Deuce Imports? He never had any stake in that business. He is a name to help sell cars. THANK YOU
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dawgebag |
I wasn't a marketing major at MSU and didn't stay at a Holiday Inn Express last night, but, | #6 | ||
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Posts: 462 03/03/09 08:40 PM |
do people really buy a new vehicle just because of a name on a sign? As ridiculous as I think some of the car ads are on t.v. today, they can have a bare assed
chimp doing the commercial with his name on the sign outside and I am still going to buy the best priced vehicle I can, even from a bare assed chimp
dealership. I will then do my homework and take it to be serviced at the best possible place but a new vehicle is a new vehicle.
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615dawg |
I suspect there is a minority | #7 | ||
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Posts: 911 03/04/09 08:01 AM |
say 10% or so of Ole Miss fans that salivate over Shepherd Smith and buy their cars from Deuce's dealerships
There is also about the same percentage of MSU fans that would not step foot on the lot. The aforementioned are dubmasses. In my lifetime I have met one serious case of each. Both are 17ers that no one wants to be around. |
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Hanmudog |
According to the Daily Journal.............. | #8 | ||
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Posts: 3492 03/04/09 08:15 AM |
It says that Deuce filed for bankruptcy protection for the car dealership because it owes nearly 7 million dollars total and that he is searching for an
invester. I makes no mention of his percent of the dealership. It just lists Deuce personally.
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Big D |
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Posts: 284 03/04/09 10:25 AM |
Spotdawg wrote:Seems to me he needs to file for some of that TALF money. |
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WalkTheDawg |
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Posts: 1698 03/04/09 12:36 PM |
TheBigDA wrote: That's just a Donald Trump style bankruptcy. Not a personal bankruptcy.. but just on a business venture that has failed. It's better to cut it loose that way than to sink a ton of your own money into it and it still possibly go under in this economy. |
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Quick Reply
Replies
| WTVA reported at 6 that Duece is filing for bankruptcy. | 03/03/09 07:14 PM | TheBigDA |
| WAPT in Jackson reports that.... | 03/03/09 07:24 PM | Spotdawg |
| Deuce is ok | 03/03/09 08:07 PM | Dawg725 |
| I wasn't a marketing major at MSU and didn't stay at a Holiday Inn Express last night, but, | 03/03/09 08:40 PM | dawgebag |
| I suspect there is a minority | 03/04/09 08:01 AM | 615dawg |
| Re: WTVA reported at 6 that Duece is filing for bankruptcy. | 03/04/09 10:25 AM | Big D |
| Damn, I just hate it for him. | 03/03/09 07:36 PM | BriantheDawg |
| Agreed. Didn't he and Jerious recently go into a business venture together? | 03/03/09 07:56 PM | DogStuckAtUM |
| If I am not mistaken.... | 03/03/09 08:06 PM | Dog in the Know |
| According to the Daily Journal.............. | 03/04/09 08:15 AM | Hanmudog |
| Re: WTVA reported at 6 that Duece is filing for bankruptcy. | 03/04/09 12:36 PM | WalkTheDawg |
