The business community continues to show its support for the Four Seasons New Orleans project in large numbers. Thank you for publicly endorsing the project in our regional full-page ads (in case you missed it this week, we have posted a copy below). We have a big week ahead and even more in the coming weeks. We encourage your continued support— it is making a difference. As always, we will keep you informed.
100+ Attorneys and Bar Leaders RSVP for Four Seasons Update
We look forward to hosting over 100 attorneys for an informational update next Wednesday where we will:
- Introduce the Carpenter Woodward Development Team
- Present an overview of the project benefits
- Provide a briefing on the status of the litigation
The breakfast will be held on Wednesday May 11, from 7:30 a.m. – 9:00 a.m. at the Windsor Court Hotel.
Judge Orders Cornelius “Neil” Fisher to Appear in Court
Civil District Court Judge Tiffany Chase has ordered Stuart “Neil” Fisher to appear for a deposition in New Orleans by May 19, 2016.
You may recall:
- Fisher’s previous investments in New Orleans include failed attempts to develop the Market Street power plant and Plaza Tower
- The Louisiana Fourth Circuit Court of Appeals issued a strong rebuke to Fisher and his case by effectively dismantling their legal arguments and affirming Judge Chase’s June 2015 ruling that the New Orleans Building Corporation’s award of the former World Trade Center building to developers Carpenter–Woodward was proper
Court Hearing to Dismiss Frivolous Lawsuit Scheduled for June 1
A court hearing has been scheduled on June 1, 2016 to dismiss the the suit filed by Two Canal Street Investors on the basis of no right of action.
The facts are:
- TCSI is a shell corporation with no assets, no property, no bank accounts, and no function other than to act as a ploy to keep Neil Fisher in court
- When Fisher purchased TCSI, he purchased nothing but the right to file a law suit
- The City and State lose over $1.2 million for every month of delay
- 1,600 construction jobs continue to be on hold
Bill S447 Heads to LA House of Representatives
The House Civil Law Committee is scheduled to have a hearing on Senator Appel’s Bill S447.
- The bill seeks to prevent frivolous lawsuits like Fisher’s from holding up important economic develop projects tied to public benefit corporations such as the New Orleans Building Corporation without the posting of a bond which would be forfeited if the plaintiff fails to prove his or her case in court
- Mayor Landrieu and supporters of the Four Seasons project note that the project would be closer to providing the significant economic benefits for the City, State and local workforce, if such legislation were already in place
- Supporters also note that passage of the legislation will have positive ramifications for other public benefits developments being considered in New Orleans including the redevelopment and expansion of the Ernest N. Morial New Orleans Convention Center, redevelopment of the former Charity Hospital and work at New Orleans Federal City in Algiers