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Prison Realty/CCA Verges on Bankruptcy
Loaded on July 15, 2000
by Dan Pens
published in Prison Legal News
July, 2000, page 1
On March 31, 2000, Prison Realty Trust, Inc. announced operating losses of $62 million for the year ended December 31, 1999. Its largest subsidiary and chief tenant, Corrections Corporation of America (CCA), reported a net loss of $203 million for 1999. Independent auditors of both Prison Realty and CCA indicated …
Filed under:
Private Prisons,
Corrections Corporation of America/CoreCivic,
Financing,
Bankruptcy.
Location:
United States of America.
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More from this issue:
- Prison Realty/CCA Verges on Bankruptcy, by Dan Pens
- $820,000 Awarded to Informant and Wife for Assault
- From the Editor, by Paul Wright
- Louisiana Sheriff Busted in Private Prison Scheme
- Habeas Hints: Williams Precedent, by Kent Russell
- $1,800 Awarded in PA Retaliation Suit
- Czech Prisons Reverberate as Thousands Protest, by Julia Lutsky
- Washington Jail Settles Exercise Suit
- Restrained Washington Prisoner Exonerated in Assault on Guard, by Terry A Kupers
- Another Texas Prison System Lockdown-Politics as Usual?
- $1.5 Million Awarded in Arizona Jail Medical Neglect Suit
- Staff Representative in Medication Hearing Must Have Medical Knowledge
- Brown Ad-Seg Due Process Claim Remanded for Hearing, by Ronald Young
- Administrative Exhaustion not Jurisdictional Satisfied by Letters to Defendants
- Texas Supreme Court Invalidates TDCJ-ID VitaPro Contract
- Sixth Circuit Orders Retrial of Retaliation Suit
- Showing Of Malice Under Eighth Amendment Excessive Force Test Not Required For Sexual Assault Claim, by Ronald Young
- Liberty Interest In New York Work Release, by Ronald Young
- Individual Analysis Required for Diabetic Class Action Damage Award, by Ronald Young
- $97,500 Awarded in NY Prison Work Accident
- No Pretrial Appeals of Motions to Dismiss
- Arizona Jury Acquits CCA Escapees
- Field 'Sleep Out' Without Adequate Toilet Facilities States An Eighth Amendment Violation, by Ronald Young
- Iowa Supreme Court Holds Liberty Interest in Good Time Law
- Slave Labor O.K. FLSA Does Not Apply to Detainees
- Mailbox Rule Applies to Section 2254/2255 Motions
- Private Prison Contract May be Invalid
- Retaliation Claim Remanded for Hearing on Qualified Immunity, by Ronald Young
- Prison Riots in Peru
- $12,000 Awarded in NY Slip and Fall
- IN Jail Settles Victim Suit for $650,000
- The Western Prison Project
- Marriott Cancels Prison Protest Concert
- News in Brief
- $47,500 Settlement in Pennsylvania Restraint Suit
- $100,000 Awarded Under ICCPR in GA Jail Suit
- The Politics of Heroin: CIA Complicity in the Global Drug Trade, by Rick Card
More from Dan Pens:
- Federal Religious Freedom Law Passed, April 15, 2001
- South Carolina Prison Chief Fired as Scandal Widens, April 15, 2001
- Bag'm, Tag'm and Bury'm; Wisconsin Prisoners Dying for Health Care, Feb. 15, 2001
- Food Strike Puts Washington DOC on Spin Control, Feb. 15, 2001
- Fraud Charged by Washington DOC Whistleblower, Feb. 15, 2001
- CMS Fined Nearly $1 Million in Virginia, Dec. 15, 2000
- Death as a Salesman: Benneton Ad Campaign Comes to Death Row, Dec. 15, 2000
- Illinois Supermax Hunger Strike, Dec. 15, 2000
- Whistle-blowing Doctor Shakes Up Nebraska DOC, Nov. 15, 2000
- Corcoran Show Trial Ends with Acquittals, Nov. 15, 2000
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