RandyJordan

Settlement reached in land company lawsuit

Randy Foster
Wednesday, August 3, 2022
Tallulah – Two key executives at Graham County Land Company reached settlement agreements with a lender that claimed to be owed millions of dollars by the bankrupted company, and all claims were dismissed against a third company officer.

Final numbers released from auction

Randy Foster
Thursday, May 26, 2022
Tallulah – Flexible Funding, LLC. – Graham County Land Company’s largest creditor – is entitled to payment from auction proceeds of $1.98 million as partial reimbursement of an estimated total debt of more than $32 million, including $18.89 million owed to Flexible Funding alone.

Receiver proposes distribution of assets

Randy Foster
Thursday, April 21, 2022
Tallulah – The court-appointed receiver overseeing the dismantling of debt-ridden Graham County Land Company has proposed how proceeds from a bankruptcy auction will be distributed among companies the Robbinsville-based company owes money to.

Lawyers cast wider net for land company assets

Randy Foster
Thursday, March 31, 2022
***Aug. 4, 2022 Update: Lawsuit settled between Graham County Land Company, Flexible Funding Tallulah – The receiver seeking to recover $17 million that Graham County Land Company owes its biggest lender is now going after other assets linked to the company’s CEO, Randy Jordan.
An “available” sign is still in place on a 32-acre parcel sold to the Eastern Band of Cherokee Indians by Randy Jordan and Warren Dudley Orr. The property is located between U.S. Highway 129 and Old U.S. Highway 129, with riverfront access on the Cheoah River. Photos by Randy Foster/news@grahamstar.com

An “available” sign is still in place on a 32-acre parcel sold to the Eastern Band of Cherokee Indians by Randy Jordan and Warren Dudley Orr. The property is located between U.S. Highway 129 and Old U.S. Highway 129, with riverfront access on the Cheoah River. Photos by Randy Foster/news@grahamstar.com

Fraud alleged in Graham County Land lawsuit

Randy Foster
Thursday, February 17, 2022
***Aug. 4, 2022 Update: Lawsuit settled between Graham County Land Company, Flexible Funding Former Graham County Land Company president Randy Jordan transferred land to himself and his partner from one of his other companies, sold the land for $1.

Graham County Land fighting to auction company assets

Randy Foster
Thursday, January 13, 2022
***Aug. 4, 2022 Update: Lawsuit settled between Graham County Land Company, Flexible Funding Tallulah – The financing company suing Graham County Land Company is asking the judge presiding over the case to issue a summary judgment against two senior officers who ran the company.
Over the past few weeks, equipment owned by Graham County Land Company has been moved to a central location – behind the Graham County Recycling Center – in anticipation of a future auction. Photos by Randy Foster/The Graham Star

Over the past few weeks, equipment owned by Graham County Land Company has been moved to a central location – behind the Graham County Recycling Center – in anticipation of a future auction. Photos by Randy Foster/The Graham Star

CEO says Graham County Land ‘is done’

Randy Foster
Tuesday, November 23, 2021
***Aug. 4, 2022 Update: Lawsuit settled between Graham County Land Company, Flexible Funding Tallulah – Graham County Land Company – one of the largest private employers in Graham County – is unable to pay millions of dollars in debt and is essentially out of business.