A federal judge has approved a $4.5 million settlement for private shareholders of failed biofuel maker KiOR, and a lawsuit by the state of Mississippi seeking to recover a much larger amount continues.
A year after Georgia Renewable Power and Renewable Energy Group purchased the equipment that belonged to KiOR on The Island, much of the equipment remains on the 22-acre parcel.
A judge defended complaints that he’s been moving too slowly after having two cases taken from him, including a long-running lawsuit that Mississippi Attorney General Jim Hood filed against Entergy Corp. and assigned to another judge.
Mard Inc., formerly known as KiOR Inc., and its former CEO, Fred Cannon, have settled charges brought by the Securities and Exchange Commission regarding information in the company’s initial public offering, according to a report in the Houston Business Journal.
An Alabama bank has taken care of delinquent taxes owed to Lowndes County on the defunct Southern Wood Fiber’s wood chipper facility at the Lowndes County Port.
Both Joe Max Higgins and Will Sanders have the month of September circled on their calendar.
Columbus Fire and Rescue firefighters quickly extinguished a minor fire at the Columbus KiOR facility Friday.
It’s pretty quiet these days at the old KiOR site on the Island.
KiOR on Thursday paid local entities the $1.1 million in back taxes it owed.
The company that purchased the equipment from KiOR’s failed biofuels plant in Columbus will sell, scrap or relocate it from the site, officials said Wednesday.