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Exploding law firm.

Exploding Law Firm

The TCBY Tower's current troubles started in earnest in early 1990.

When the House Wallace Jewell law firm splintered that January, its office leases were restructured. The immediate result was that the 40-story building was faced with the loss of 9 percent of its income base.

TTRS worked closely with Flake to do what had to be done to keep regular payments current. Speculation that payments have been missed is unfounded, our sources say.

But some restructuring appears already to have taken place to enable the building to stay current on the loan.
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Title Annotation:House Wallace Jewell law firm's dissolution affects TCBY Tower's income
Publication:Arkansas Business
Date:Jun 10, 1991
Previous Article:Worthen's closer look.
Next Article:Settlement near.

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