An Arkansas judge has placed four businesses once controlled by sports memorabilia and photo dealer John Rogers into receivership.
According to Arkansas Business, Pulaski County Circuit Court Judge Chris Piazza appointed Michael McAfee as receiver for Sports Card Plus Inc., Planet Giant LLC, Digital Stock Planet LLC and Photo Archive Partners LLC.
A brief hearing was held Monday, during which an attorney for First Arkansas Bank & Trust contended that the businesses are out of money.
McAfee will be in charge of preserving the collections, including thousands of photographs that are in dispute and reporting to the court on significant offers made for assets.
Among the collections Rogers has defaulted on according to creditors include The Conlon Collection of over 8,000 original negatives taken by Charles Conlon in the first half of the 20th century and the George Burke and George Brace Collection, another huge archive of photographs including thousands of sports images.
Arkansas Business spelled out details of the other assets that could soon be up for grabs.