PROCEDURAL HISTORY AND FACTS
¶ 1. Phyllis D. Holloway and Jerrell Lavon Holloway were divorced on December 15, 1998, in the Hinds County Chancery Court. Under terms of the divorce, Jerrell was required to pay Phyllis, among other things, lump sum alimony in the amount of $6,000,000, to be paid in installments of $500,000 per year for twelve consecutive years. The payments were due January...
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