JACKSON, Miss. (AP) — Deuce McAllister Nissan’s days of overlooking south Jackson along I-20 are over.
Filing for bankruptcy in an economy that has crippled the auto industry proved too much for the 3-year-old dealership, which on Thursday agreed to liquidate its remaining assets through Chapter 7 bankruptcy. The dealership had operated in Chapter 11 since March.
Deuce McAllister Nissan of Jackson closed in April once the bankruptcy judge allowed Nissan Motor Acceptance Corp. to remove vehicles and other property.
The settlement does not affect McAllister personally or his other business interests.
McAllister, a Lena native, was released by the Saints in February after eight seasons in the NFL.—-Contact The Daily Reveille sports staff at [email protected]
NFL: Nissan dealer to liquidate assets – 5/25, 1:31 p.m.
May 28, 2009