Biofuel case: $4.5M for KiOR investors under federal settlement
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.
Judge removed from cases defends slowness of his court
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.
Companies hope to have KiOR site cleared by end of year
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.
Rebranded KiOR company settles with SEC
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.
Bank pays tax liens for Southern Wood
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.
KiOR clean-up deadline extended through September
Both Joe Max Higgins and Will Sanders have the month of September circled on their calendar.
Minor hopper fire causes damage at KiOR
Columbus Fire and Rescue firefighters quickly extinguished a minor fire at the Columbus KiOR facility Friday.
KiOR clean-up delays have Port Authority, LINK at odds
It’s pretty quiet these days at the old KiOR site on the Island.
Local entities receive KiOR back taxes
KiOR on Thursday paid local entities the $1.1 million in back taxes it owed.
KiOR equipment sold for $3.7M total
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.
Columbus KiOR facility sold to Georgia company
The KiOR plant site in Columbus has been purchased.
KiOR fails to pay taxes by deadline
Monday was the day property taxes came due. Those who failed to meet that deadline face a 1 percent per month penalty.
KiOR receiver named, but local tax payment unclear
A judge has appointed a receiver to watch over KiOR’s Columbus biofuel refinery, as owners and creditors seek a buyer.
Miss. files fraud lawsuit against Khosla over KiOR
The state of Mississippi has sued billionaire Vinod Khosla and others, saying they knew long ago that bankrupt biofuel firm KiOR had poor prospects for success, but misled the state into loaning the company $75 million.
Khosla seeks KiOR plant receiver, says state ran off buyer
KiOR financier Vinod Khosla is asking a Mississippi state court judge to name a receiver for the company’s Columbus plant.
KiOR says Miss. seeks to destroy it in court ploy
Bankrupt biofuel maker KiOR and controlling shareholder Vinod Khosla say the state of Mississippi is using legal tactics in an attempt to squeeze money from the company.
Mississippi tries to force KiOR into liquidation
The company filed for Chapter 11 reorganization last year, with plans for controlling shareholder and financier Vinod Khosla to buy what’s left of the company.
Columbus KiOR not part of company’s bankruptcy
Biofuel maker KiOR Inc. has filed for bankruptcy, although its Mississippi subsidiary has not, preserving the chance that its Columbus plant could be sold quickly.
KiOR files for bankruptcy, but not Miss. unit
Biofuel maker KiOR Inc. has filed for bankruptcy, although its Mississippi subsidiary has not, preserving the chance that its Columbus plant could be sold quickly.
KiOR says it owes $312M because it missed payment
Biofuel maker KiOR said Friday that the $1.8 million loan payment it missed to the state of Mississippi means it now owes more than $312 million immediately.