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December 2013 Archives

Louisiana AG faces lawsuit in wetland contract dispute

In a recent but on-going dispute, wherein nearly 97 oil, gas and pipeline companies were sued on behalf of the Southeast Louisiana Flood Protection Authority (SLFPA) for not repairing damage, allegedly caused by the companies to Louisiana's wetlands, the Louisiana Oil and Gas Association (LOGA) has now filed a lawsuit against the Attorney General (AG) of Louisiana, in which they allege that the AG overstepped his authority in allowing the hire of the law firm that filed the lawsuit.

Regulators yet to approve Entergy-ITC Holdings Corp transaction

According to reports, Entergy Corp's transfer of its high-voltage power lines to ITC-Holdings, which was announced back in 2011, was recently rejected by Mississippi regulators. However, the merger request is still under consideration by regulators in several other states, including the state of Louisiana.

New cotton spinning facility to bring jobs to LA

Business ventures and investments in any region are not only good for the economic development of that community, but also tend to highlight the positives that a city or state has to offer. Generally, before a business chooses to invest or expand operations in a region, several critical business issues, such as contract language, the cost of new facilities, loan programs, incentive programs and more are necessary to discuss.

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