Appeals court revives World Trade Center contract lawsuit
NEW ORLEANS - A lawsuit over future development of the riverfront World Trade Center building has been restored by a state appeals court after a judge dismissed the case.
The Fourth Circuit Court of Appeals ruled Friday that Orleans Civil District Judge Tiffany Chase should not have required a company bringing the lawsuit to post $750,000 in security before going to trial in October.
The city selected a development team led by Carpenter & Co. and Woodward Interests to lease and renovate the vacant 33-story tower into a $360 million Four Seasons hotel and condos.
A losing bidder on the lease, Two Canal Street Investors, sought to block that deal and filed a lawsuit in April 2015.
An attorney for Two Canal Street Investors said they are looking forward to a trial on the merits.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Volunteer group works to clean up Capitol Lake and keep wildlife safe...
Local businesses kick off the holiday shopping season with Small Business Saturday
Possible tornado sweeps through St. Charles, Jefferson Parishes; nearly 5,500 without power...
Car submerged in canal after driver veered off I-12 near Essen Lane;...
Two hurt in apparent Black Friday gun battle between two vehicles on...
Southeastern hosting Idaho in first round of FCS Playoffs Saturday
Fans' Choice Award Winner: U-High's Keylan Moses
Southeastern running back Derrick Graham has a deep passion for rodeo
Southeastern to face Idaho in first round of FCS Playoffs
The Black and Gold Report: New Orleans Saints vs Los Angeles Rams