Tuesday, August 7, 2012
Legends Gaming filed for bankruptcy last week in Louisiana and will sell two of its casinos to help pay off its debts, the Associated Press reports.
Another business endeavor for former Gas City owner William McEnery is facing financial trouble after the casino company he heads filed for bankruptcy reorganization in Louisiana last week, the Associated Press reports. Legends Gaming, which has casinos in Vicksburg, Miss., and Bossier City, La., filed for Chapter 11 bankruptcy Monday, July 30, in Shreveport, La., the report stated. McEnery is the company's chairman and CEO. According to the report, Legends has liabilities of anywhere from $100 million to $500 million but only has assets between $50 million to $100 million. The company also has about $163 million in debt due in 2014, the report stated. READ: McEnery's Personal Financial Problems Worsen Legends also will sell its two …
Monday, June 11, 2012
Creditors want William McEnery's personal bankruptcy case to become a liquidation because he has too many claims and could evict him from his house, Sun-Times Media reports.
William McEnery, the former Gas City owner who saw his chain of gas stations sold off last year as part of the company's bankruptcy, now faces increasing financial troubles in his personal bankruptcy case, and his own lawyers want out, Sun-Times Media reports. Here, according to the report, which cites court records, are the developments for McEnery: These new problems appear to be the final chapters in the story of McEnery's crumbling financial empire, an empire that at one time had its center in Frankfort, where Gas City was headquartered. But things began to crumble when the company filed for bankruptcy protection in October 2010. This was followed by the auctioning of the stations last year. McEnery's also saw his other properties, …
Sunday, May 20, 2012
The former Gas City corporate mascot was moved out of Frankfort earlier this month. But she ended up at her new permanent residence last week, The Creamery's Mokena shop.
- THE NEIGHBORHOOD FILES
- Joe Vince
Sunday, May 20, 2012
Elsie the Gas City cow has had quite the month. First, the 36-year resident was abruptly moved from her home in front of the former Gas City headquarters to the Homer Glen residence of her owner, William McEnery. But that was only temporary. Elsie's final destination was the Mokena location of The Creamery ice cream shop chain, which is owned by William McEnery's son. It's nice to have her closer, but it's still not Frankfort. Other people featured in Frankfort Faces: Other things you might find interesting on Frankfort Patch: Like daily news updates? Then "like" the Frankfort Patch Facebook page.
Wednesday, May 16, 2012
After spending the majority of her life outside the Gas City corporate offices in Frankfort, on May 15, the former Gas City icon moved into her new home outside The Creamery in Mokena.
Moo-ve over Frankfort, Elsie the cow has a new home at The Creamery in Mokena. Following the closure of the Gas City corporate offices in Frankfort, many were left wondering where the giant cow would next call home. On May 15, the mascot was towed from the Homer Glen home of William McEnery to her new permanent residence in Mokena. “This was kind of my first pick. This is one of our bigger sites, our busiest site, and a lot of people will be able to see her,” said Billy McEnery, owner of McEnery Enterprises. “She definitely fits in well.” On-hand for the move were Mokena Mayor Joe Werner, Mokena trustee Don Labriola, Village Clerk Patricia Patt and Assistant Village Administrator Kirk Zoellner, along with members of the McEnery family and …
Tuesday, May 15, 2012
The former Frankfort landmark arrives at its new home Tuesday at the Mokea Creamery. But does Elsie belong there? Tell us what you think.
Monday, May 14, 2012
On May 2, a Frankfort mascot—Elsie, the Gas City cow—was removed from the grounds of the bankrupt company's old headquarters. On Friday, its owners said Elsie will move to the Mokena Creamery on May 15. Is that fair?
First, Elsie the Gas City cow—a corporate mascot some consider a Frankfort icon—was taken from the village without much warning. Now, the bovine is going to have a new home: Mokena's Creamery location. Talk about adding insult to injury. The Creamery announced on its Facebook page Friday that Elsie will be moving into her new digs Tuesday, May 15. In honor of the event, all Creamery locations will be serving half-priced root beer floats, known as "black cows", that day. READ: Are You Sad to See the Gas City Cow Leave Frankfort? It's not so much that Elsie was ripped from her undersized corrale in front of the former corporate offices of the defunct Gas City that's irksome; the fiberglass mascot is the property of financially troubled …
Tuesday, May 8, 2012
Now that the bankrupt company's famous bovine mascot has left Frankfort, what do you think should take its place (the company's place, not the mascot's)?
Last week, Frankfort residents said goodbye to the iconic Gas City cow, Elsie, as it was moved from its location on LaGrange Road to Homer Glen. Now that Gas City—now McEnery Enterprises—has moved its offices Tinley Park, what should become of this facility at 21660 S. LaGrange Road? Unlike past What Should Go Here? candidates, this location isn't a storefront or a traditional business park. This is a small corporate office that was designed for one occupant, and it requires a little more imagination. Instead of retail outlets, think of manufacturers and other type of businesses. What about an after-hours veterinary clinic? Or an art gallery to go along with White Street Gallery & Framing and Monkey Mind Art Studio & Gallery? Or what about…
Sunday, May 6, 2012
The corporate mascot of bankrupt Gas City left Frankfort last week, its home for more than 35 years. What does the iconic cow's departure mean to you?
Wednesday, May 2, 2012
The corporate mascot of bankrupt Gas City left Frankfort on Monday, its home for more than 35 years. What does the iconic cow's departure mean to you?
Last August, I wrote a column about Frankfort-based Gas City's bankruptcy case slowing winnowing away the gas station and convenience store empire owned by William McEnery. When it came to the company's signature fiberglass cow that had sat in front of the Gas City headquarters since 1976, I wrote: I hope we discover that a certain prodigious cow still has a home on South LaGrange Road. As of Monday, that cow, Elsie, is no longer a Frankfort resident. READ: Our Gas City Section Has Complete Coverage of the Company's Bankruptcy "She" moved—actually, was moved—to McEnery's home in Homer Glen, according to Sun-Times Media. The cow was considered personal property in the Gas City bankruptcy case, which ended Monday, but could end up in front …
Friday, March 16, 2012
The 415-acre golf course and club was purchased at auction Monday by the owners of Hickory Hills Country Club.
The owners of a Hickory Hills golf course have a few more greens to take care of after buying Green Garden Country Club for $5.9 million at an auction Monday, March 12, the deal's sales agent said. READ: Green Garden Country Club Put on the Auction Block The 415-acre country club, golf course and golf dome was sold to Hickory Hills Country, which is owned by Hickory Properties, to pay off debts as part of former William McEnery's personal bankruptcy case, said Steven L. Victor, the sales agent for Development Specialists Inc., which handled the sale. McEnery,whose Frankfort-based Gas City company sought bankruptcy protection in late 2010, filed for Chapter 11 bankruptcy himself in August 2011 for more than $225 million in creditor claims…