The Pines Mall will go to public auction at 12 p.m. on April 30 inside of the Jefferson County Courthouse Corridor, according to legal documents obtained Tuesday by the Pine Bluff Commercial.
The Commercial originally reported about the foreclosure decree that was awarded to Carrington Electric on March 2. The lawsuit was filed by Carrington Electric Company, Inc. against owners James Vu, John Vu and Thuythien (Judy) Vu, DBA Pines Mall, according to court documents obtained by The Commercial.
The lawsuit alleges that work performed by Carrington Electric at the mall was never paid for by the owners.
The lawsuit was first heard on Sept. 25, 2018, with Carrington Electric President Ed Carrington and his attorneys appearing before Jefferson County Circuit Judge Rob Wyatt.
None of the representatives from the Pines Mall appeared for the hearing, and the owners also would not comment on the lawsuit when contacted by The Commercial for this article.
Attorney John Talbot represented Carrington Electric in the proceedings and confirmed the foreclosure decree and lien placed against the mall.
“It wouldn’t necessarily be shut down, but the decree gave her 10 days to pay the amount awarded, then if she does not do that it, appoints a clerk of the court commissioner to hold a foreclosure sale and sell the property,” Talbot said.
“After the decree was ordered, I mailed a copy to Mrs. Vu and have not heard anything since then, nor have we attempted at this point to schedule the foreclosure sale with the clerk. We could do that because it has been more than 10 days now, so it could happen at any point. Our preference would be for her to pay the amount owed and be done with this. If that doesn’t occur (foreclosure) is our remedy.”
The balance owed to Carrington Electric on July 25, 2016, was for $18,759.62 for parking lot lighting installation and repair work at the mall, pursuant to a contract with management, court documents show.
The legal documents obtained on Tuesday by The Commercial were filed earlier in the day by Talbot and were signed by Jefferson County Circuit Clerk Lafayette Woods, Sr. The document states that real property located at 2901 Pines Mall Drive, Pine Bluff, AR 71601 will go to public auction on April 30.
The purchaser will be required to furnish a bond with approved security for the purchase price or post a 10 percent cash bond, which will be forfeited in the event of failure to pay for the property within three months, and a lien will be retrained upon said land to secure the payment thereof.
The purchaser will also be required to pay interest on the purchase price at the rate indicated in the Foreclosure Decree from the date of sale until full payment is received by the clerk of the court. The property will be sold subject to any and all property taxes due and payable.
All documents are public knowledge, and the public is invited to inspect the Foreclosure Decree and/or the entire case file during normal business hours at the office of the Circuit Clerk of Jefferson County at 101 West Barraque Street, Pine Bluff, Arkansas 71601. Copies of documents can also be requested in writing from Woods' office.