Content Tagged As buyout

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  • Magic reach buyout agreement with Glen Davis

    February 21, 2014 2:35 PM

    ORLANDO, Fla.- The Magic are parting ways with forward Glen Davis. General Manager Rob Hennigan announced Friday that the team had agreed on a buyout for the remainder of Davis' contract. The former LSU standout has started 43 of the 45 games he's appeared in this season for the Magic.... more »
  • People say council member is dodging requests Play Video

    February 10, 2014 9:15 PM

    BATON ROUGE - Some residents in East Baton Rouge claim their council member is not answering questions about a buyout of dozens of homes. "I've tried to contact her at least 15 or 20 times," Greg Mitchell said. He's been trying to reach Chauna Banks-Daniels, who represents his area.... more »
  • Other options on the table for sinkhole buyouts

    August 22, 2013 10:58 AM

    BAYOU CORNE - There are other options on the table for property owners near the Assumption Parish sinkhole negotiating buyouts with Texas Brine. Some homeowners who want to stay are considering releases of liability, which would allow them to stay in their homes and receive a settlement, but then... more »
  • Scottlandville homeowners frustrated with buyout Play Video

    July 1, 2013 5:43 PM

    BATON ROUGE- Reverend Dudley Theodore Jackson proudly mows his lawn once a week. It's something he's done for a very long time. "I've been living here a long time, " he says. "I moved on Avenue F in 1975." But he says he got a letter from East... more »
  • Deadline for sinkhole buyout talks extended

    June 26, 2013 2:16 PM

    BAYOU CORNE- Nearly half of the eligible residents and families directly affected by a sinkhole induced by a Texas Brine Co. salt dome failure last summer have agreed to company buyouts, while the rest have more than a month to complete negotiations. Texas Brine faced a Monday court-imposed deadline to... more »
  • Deadline today for sinkhole buyout offers

    June 24, 2013 10:48 AM

    BAYOU CORNE - Today is the deadline for Texas Brine to make buyout offers to the residents affected by a giant sinkhole over a brine cavern in Assumption Parish. Last week a spokesperson for Texas Brine said they had delivered 88 of the 90 offers approved by their insurance... more »
  • Bayou Corne resident says buyouts too low Play Video

    May 31, 2013 5:45 PM

    BAYOU CORNE - People living near the Assumption Parish sinkhole aren't happy with the buyout offers for their property, saying they're way too low. "It was an insult. It was a slap in my face," said Bayou Corne resident Debra Charlet. Charlet and her family received a buyout... more »
  • Texas Brine starting to make buyout offers

    May 24, 2013 4:06 PM

    BAYOU CORNE - A spokesperson for Texas Brine said the company started making buyout offers today for homes and property affected by the Bayou Corne sinkhole. Sonny Cranch with Texas Brine said they had 23 offers ready today and started scheduling appointments to meet with homeowners Saturday. Cranch... more »
  • Judge rules buyout of neighborhood, resident still on hold Play Video

    March 22, 2013 4:41 PM

    BATON ROUGE - On Tuesday, U.S. District Court Judge Brian Jackson ruled the buyout of 47 homes near a Baton Rouge sewage treatment plant "fair and reasonable". An environmentalist group's lawsuit against the buyout has stopped the plant's expansion until now. Plans for expansion have been ongoing for... more »
  • Experts say cavern near sinkhole is stable Play Video

    March 19, 2013 10:32 PM

    BAYOU CORNE- Residents in Bayou Corne packed the Assumption Parish Civic Center, to hear the latest involving the massive sinkhole. The meeting started with Texas Brine's attorney, Bradley Myers, explaining how the buyout will work. The company is believed to be responsible for the sinkhole when its salt... more »
  • Property value going down in Bayou Corne Play Video

    March 12, 2013 5:52 PM

    BAYOU CORNE- People in Bayou Corne say they fear more than a massive sinkhole, that forced hundred of people to evacuate. Since it formed last year, the property value in the mandatory evacuation area plunged. Last year, the Assumption Parish Tax Assessor's Office, gave residents living in the... more »
  • People evacuated by sinkhole ask lawmakers for help Play Video

    February 19, 2013 4:21 PM

    BATON ROUGE - People evacuated 200 days ago by a sinkhole in Assumption Parish asked lawmakers today to help them get buyouts for their homes. Residents and parish officials packed a Senate committee hearing today to tell lawmakers about what the past months have been like. They said the... more »
  • Buyout deal reached

    January 23, 2013 11:29 PM

    BATON ROUGE- City leaders approved a buyout plan for a neighborhood on the northern end of the city near a wastewater treatment plant. People who live in University Heights have been asking for a buyout for years. They complain the treatment plant stinks and has ruined their quality of... more »
  • Reports: Microsoft may invest in Dell buyout

    January 22, 2013 12:03 PM

    NEW YORK - CNBC and The Wall Street Journal are reporting that the discussions to buy struggling computer maker Dell now include Microsoft as a potential investor. If Microsoft joins in a Dell buyout, CNBC and the Journal say the software maker would contribute $1 billion to $3 billion. That... more »
  • Buyout deferred, no decision by Metro Council

    January 9, 2013 9:41 PM

    BATON ROUGE- Another delay in the decision about buying out a group of homes near a wastewater treatment plant off Scenic Highway. The Baton Rouge Metro Council deferred the $6 million buyout Wednesday night. People who live near the plant have said it stinks and is ruining their... more »
  • Metro Council to talk about neighborhood buyout again

    January 8, 2013 10:10 PM

    BATON ROUGE- City leaders will discuss a possible buyout for people who live near a wastewater plant in the northern part of Baton Rouge Wednesday. People in University Heights, a neighborhood near Scenic Highway, have said the plant stinks and has ruined their quality of life. The Baton... more »
  • Council members to seek 2nd vote on sewer buyout

    December 26, 2012 6:38 AM

    BATON ROUGE - Two East Baton Rouge Metro Councilwomen said they intend to place back on the council's agenda the proposed $6 million buyout plan for Scotlandville residents living next to a foul-smelling sewage treatment plant. The proposed deal to relocate 44 Scotlandville families and build a buffer zone... more »
  • Bayou Corne residents want buyout for homes Play Video

    December 12, 2012 5:19 PM

    BAYOU CORNE - A massive sinkhole in Bayou Corne got even bigger overnight, and there are more reports of bubbling in the bayou. The sinkhole grew on the southwest side of the sinkhole near the Texas Brine facility. Residents in the area have been under a mandatory evacuation since... more »
  • Neighborhood buyout set to be discussed Wednesday

    November 27, 2012 9:49 PM

    BATON ROUGE- City leaders are set to talk about buying out a neighborhood near a sewerage plant in the northern part of town. On Wednesday's Metro Council agenda is a discussion about the $6,000,000 plan to solve on-going issues with people who live in University Heights. For years,... more »
  • Animal shelter, alcohol, and neighborhood buyout on tap for city leaders

    November 13, 2012 9:39 PM

    BATON ROUGE- City leaders want the group in charge of day-to-day operations at the Animal Shelter to answer questions and allegations about mistreatment at the shelter. Wednesday, Companion Animal Alliance has been asked to present a report to Metro Council about the operations and the facility. The agenda... more »
  • The Times-Picayune employees learn fate

    June 12, 2012 10:55 AM

    NEW ORLEANS - Employees are meeting with managers of The Times-Picayune as the newspaper prepares to trim its staff and publish three days a week. Parent company Advance Publications plans to form a new company to oversee one of the nation's oldest newspapers and its affiliated website, NOLA.com. The Times-Picayune... more »
  • EBR crafting buyout plan for neighborhood near sewage plant

    September 14, 2011 10:31 PM

    BATON ROUGE- There's a plan in the works to buyout people who live near a sewer treatment plant in north Baton Rouge. It involves almost 50 homes in University Place, near Southern University, but there's no price tag yet. People in the neighborhood say the treatment plant stinks... more »
  • PSC backs merger of AT&T and T-Mobile

    July 27, 2011 2:21 PM

    BATON ROUGE - Louisiana's utility regulators have thrown their support behind a national proposal for AT&T to buy T-Mobile USA for $39 billion. The Public Service Commission voted 4-1 Wednesday not to oppose the merger idea, which is awaiting federal consideration. The merger would give AT&T 43 percent of... more »
  • Caldwell Police Jury discuss FEMA buyout

    January 27, 2010 10:16 AM

    Members of the Caldwell Parish Police Jury have met with representatives of the Federal Emergency Management Agency to discuss a buyout plan. The plan would aid families who lost or are at risk of losing their homes along the Ouachita River after heavy rainfall last year. Juror Bobbie Harrison says... more »

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