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re: First NBC Bank
Posted on 8/15/16 at 10:32 pm to GeauxTigers1983
Posted on 8/15/16 at 10:32 pm to GeauxTigers1983
I have no insider info nor do I know what is causing their regulatory filing delays.
However just last week it was disclosed in the Baton Rouge paper that they have filed a lawsuit against a Baton Rouge commercial developer for not paying interest or principle on a fairly sizeable loan. The numbers were quite big.
The developer is a politically connected guy who wanted to develop the Mississippi River commercial park next to Hollywood Casino near downtown. It's about 3 years past due getting started.
However just last week it was disclosed in the Baton Rouge paper that they have filed a lawsuit against a Baton Rouge commercial developer for not paying interest or principle on a fairly sizeable loan. The numbers were quite big.
The developer is a politically connected guy who wanted to develop the Mississippi River commercial park next to Hollywood Casino near downtown. It's about 3 years past due getting started.
1
Posted on 8/15/16 at 10:52 pm to LSURussian
quote:
However just last week it was disclosed in the Baton Rouge paper that they have filed a lawsuit against a Baton Rouge commercial developer for not paying interest or principle on a fairly sizeable loan. The numbers were quite big.
The developer is a politically connected guy who wanted to develop the Mississippi River commercial park next to Hollywood Casino near downtown. It's about 3 years past due getting started.
Q: This development is never gonna happen for $1,000
A: What is Rouzan.
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