La. movie studio involved in dispute with some Saints and other investors put under overseerAugust 8th, 2009 La. studio in dispute with some Saints investorsNEW ORLEANS — A judge decided Friday to place a movie studio involved in an investment dispute with some members of the New Orleans Saints under a special overseer after the studio's head ignored her order to appear at a hearing. Louisiana Film Studios LLC is the target of an involuntary bankruptcy suit filed by several members of a group of 27 investors — including past and present Saints — who bought what they thought were $1.9 million worth of state movie tax credits.
Saints players Grant, Shockey say movie studio in dispute with teammates owes them $510,000August 4th, 2009 2 Saints players say movie studio owes them $510kNEW ORLEANS — New Orleans Saints defensive end Charles Grant and tight end Jeremy Shockey claim they're owed $510,000 by a movie studio at the center of an investment dispute involving current and former teammates. Grant and Shockey asked a federal judge Tuesday to allow them to join a lawsuit seeking forced bankruptcy against Louisiana Film Studios LLC.
Judge freezes most assets of La. film studio where Saints players invested in tax creditsJuly 31st, 2009 Judge freezes assets of studio with NFL investorsNEW ORLEANS — A judge Friday froze most of the assets of a movie studio at the heart of a $1.9 million investment dispute involving members of the New Orleans Saints. U.S. Bankruptcy Judge Elizabeth Magner took the action against Louisiana Film Studios LLC, the target of an involuntary bankruptcy suit by several buyers of state movie industry tax credits peddled by studio chief executive Wayne Read.
Studio head who took $1.9M from Saints players, others settled failed investment for $450kJuly 29th, 2009 Studio head paid $450k to settle failed investmentNEW ORLEANS — A film studio executive who never repaid $1.9 million he took from New Orleans Saints players and others paid $452,000 to settle a dispute over another failed investment, court records show. Wayne Read, chief executive of Louisiana Film Studios LLC, paid Dr.
Geithner: China and US agree on domestic consumption, regulatory policiesJuly 28th, 2009 Geithner: US, China response halted global crisisWASHINGTON — Treasury Secretary Timothy Geithner credits the response of the United States and Chinese governments for pulling the global financial system back from the brink of failure. Geithner says both countries capped two days of high-level talks Tuesday with an agreement from China to increase domestic consumption to reduce its reliance on exports to U.S.
Current, former Saints sue movie studio over money from investments they claim never madeJuly 24th, 2009 Current, former Saints sue movie studioNEW ORLEANS — A New Orleans Saints linebacker and two former players sued a film studio Thursday to try to get their money back from investments they say were never made. Current Saints linebacker Scott Shanle, former punter Mitch Berger and recently cut Saints long snapper Kevin Houser are seeking the return of $468,750 invested with the studio's head, Wayne H.
La. governor's proposed deal with the New Orleans Saints wins approval from state legislatureJune 25th, 2009 Saints deal gets Louisiana legislative OKBATON ROUGE, La. — Louisiana Gov.
La. state government would lease office space from Saints owner in deal to keep team in stateJune 19th, 2009 La. would rent offices from Saints head under dealBATON ROUGE, La. — Louisiana's government would lease office space from the owner of the New Orleans Saints as part of a deal to keep the team in the state.
Bailout overseer says Bush administration initially underestimated banks' struggles last yearJune 10th, 2009 Bailout overseer: Bank repayments sign of progressWASHINGTON — The head of a congressional panel overseeing the federal financial system bailout fund says Washington initially underestimated how much banks in America were struggling to stay afloat. Elizabeth Warren says the approval of a repayment to the government of $68 billion by several of the banks receiving taxpayer assistance amounts to "phase two of the economic recovery" in the system.
Saints draft pick Arnoux tears Achilles' tendonMay 9th, 2009 Saints draft pick tears Achilles' tendonMETAIRIE, La. — New Orleans Saints rookie linebacker Stanley Arnoux ruptured his left Achilles' tendon Friday in the first of five rookie minicamp practices.
Louisiana, Saints announce a partnership that commits the club to the Superdome through 2025April 30th, 2009 Louisiana, Saints extend Superdome leaseNEW ORLEANS — The New Orleans Saints and the state of Louisiana have announced a new partnership that will continue the club's commitment to the state through 2025 and also create a new Sports Development District. The new deal includes the football team's owner, Tom Benson, and his family purchasing and redeveloping the New Orleans Centre and Dominion Tower.
G Jahri Evans, WR Lance Moore formally accept their restricted free-agent offers from SaintsApril 25th, 2009 Evans, Moore re-sign with SaintsNEW ORLEANS — Offensive guard Jahri Evans and wide receiver Lance Moore, restricted free agents during the offseason, have signed one-year contracts with the Saints. General manager Mickey Loomis made the announcement Friday.
New Orleans film producer gets 5 years in prison, fine in La. tax credit bribery schemeApril 24th, 2009 Film producer sentenced in La. bribe schemeNEW ORLEANS — A movie producer has been sentenced to five years in prison after pleading guilty to conspiring to bribe a former Louisiana film commissioner for tax breaks.
'30 Days of Night' director David Slade to helm 3rd 'Twilight' filmApril 24th, 2009 3rd 'Twilight' film director selectedLOS ANGELES — The "Twilight" movie franchise is getting its third director. Summit Entertainment said Thursday that David Slade has been tapped to direct "Eclipse," the third film in the series based on the Stephenie Meyer's best-selling vampire books.
La. House speaker: State shouldn't rush on Saints deal even if it means losing Super BowlApril 23rd, 2009 House speaker: La. shouldn't rush on Saints dealBATON ROUGE, La.
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