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Overseer Recommends Film Studio Liquidation
ABC26 NewsA court-appointed overseer wants to liquidate the remnants of a movie studio tied to a $1.7 million dispute with members of the New Orleans Saints. Fifteen current and former team members paid the money to Louisiana Film Studios LLC late in 2008 for what...Tags: Credit and Debt, Companies and Corporations, New Orleans Saints, Sports, Financially Distressed Companies
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Lawyer: feds investigating film studio
ABC26 NewsThe lawyer for the man whose property housed Louisiana Film Studios LLC says he is cooperating with a federal criminal investigation of the studio. Vinny Mosca says he gave investigators all documents of client George Ackel's association with Wayne Read,...Tags: Justice System, Crime, Law and Justice, Credit and Debt, New Orleans Saints, New Orleans
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Jenkins a holdout as Saints camp commences
Sports DirectorSaints first round pick Malcolm Jenkins was a holdout as training camp kicked off for the Saints Thursday. General Manager Mickey Loomis said he's had only one discussion with Jenkins' agent, and that was last week. Added Loomis, "I would say there is no...Tags: Sean Payton, Contracts, Jason Kyle, The Ohio State University
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Melodrama Unfolds In La. Court
ABC26 NewsA bit of due diligence might have kept Louisiana's effort to become the Hollywood of the South from taking another black eye. In an investment that should have yielded a reduction in their tax liability, 15 present and former members of the New Orleans...Tags: Multi-Sport Events, Sean Payton, Credit and Debt, Financially Distressed Companies, State Budgets
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Two Saints Players Say Movie Studio Owes Them $510K
Staff reporterNew Orleans Saints defensive end Charles Grant and tight end Jeremy Shockey claimed Tuesday that they're owed $510,000 by a movie studio at the center of an investment dispute involving current and former members of the team. Grant and Shockey asked a...Tags: Sean Payton, Financially Distressed Companies, Mitch Berger, Drew Brees, Justice System
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Trustee Wants Contempt Citation In Saints Dispute
Staff reporterA movie studio head tied into an investment dispute with members of the New Orleans Saints should be found in contempt because of missed deadlines to file vital financial documents, a court-appointed overseer told a federal bankruptcy judge Thursday.The...Tags: Sean Payton, Credit and Debt, Financially Distressed Companies, Management Change, Mitch Berger
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Bankrupt JP Movie Studio Millions In Debt
ABC26 NewsA bankrupt Jefferson Parish movie studio has $2.8 million in debt, including just under $1.7 million owed to present and past members of the New Orleans Saints who thought they were buying state film tax credits, according to court filings. Louisiana...Tags: Credit and Debt, New Orleans Saints, Bankruptcy, State Budgets, Politics
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Movie Studio Head Is A No Show At Hearing Involving Saints Players Investments
Staff reporterA judge has decided 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...Tags: Sean Payton, Credit and Debt, Financially Distressed Companies, State Budgets, Mardi Gras
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Movie Studio Head Intends To Pay Saints Members Back $2 Million Investment
Staff reporterThe head of a movie studio said he intends to repay members of the New Orleans Saints and others the nearly $1.9 million he received from them - after he finds other investors. Coach Sean Payton, quarterback Drew Brees and Hall of Famer Archie Manning...Tags: Credit and Debt, Sean Payton, Public Relations, Drew Brees, Justice System
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Josh Wilson one of many Ravens free agents waiting for end to lockout
The NFL players' leadership is expected to recommend the labor deal Monday, which would move the league one step closer to ending the lockout.
According to an ESPN report, the league and the players have reached an agreement on the remaining issues in...Tags: National Football League, Baltimore Ravens, Marc Bulger, National Football League Players Association, Josh Wilson
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Cornerback Josh Wilson now Ravens' top priority
The Ravens locked up their No. 1 priority in free agency by agreeing to a multi-year deal with guard/tackle Marshal Yanda. They are able to negotiate with their own free agents until 6 p.m. Friday; after that, other teams can make their pitches. Here's...Tags: Jacksonville Jaguars, Baltimore Ravens, Marc Bulger, Arizona Cardinals, Josh Wilson
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Sean Payton Suing Former Player Kevin Houser Over Movie Studio Investment
ABC26 NewsNew Orleans Saints head coach Sean Payton and his wife have sued the team's former long snapper over a $144,000 investment tied to a now-defunct movie studio. The federal suit filed Monday by Payton and his wife, Elizabeth, is similar to one filed...Tags: Credit and Debt, Sean Payton, Cinema Industry, State Budgets, Drew Brees
Dec 9, 2009
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Sep 12, 2009
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Jul 30, 2009
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Oct 2, 2009
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Sep 23, 2009
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Aug 8, 2009
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Jul 11, 2009
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Jul 24, 2011
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Jul 27, 2011
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Mar 17, 2010
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