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Message
re: WWL 870 at noon today has 1031 Canal Development explaining Hard Rock collapse
Posted on 1/28/20 at 2:46 pm to doubleb
Posted on 1/28/20 at 2:46 pm to doubleb
quote:Yes, I believe Travelers bonded it.
Do you know if there’s a bond in place?
Generally, any project of this size and scope would be bonded.
0
Posted on 1/28/20 at 2:49 pm to Ice Cold
The rep yesterday said that insurance was paying for the path forward, not sure which insurance.
Also said Kailas was paying the city for NOPD/NOFD out of his personal pocket.
Also said Kailas was paying the city for NOPD/NOFD out of his personal pocket.
Posted on 1/28/20 at 3:00 pm to fightin tigers
quote:
Also said Kailas was paying the city for NOPD/NOFD out of his personal pocket.
Brilliant PR move.
Posted on 1/28/20 at 3:08 pm to doubleb
quote:
Do you know if there’s a bond in place?
Latoya just said Berkshire was the insurer. She also made sure to point out that this is all on 1031 Canal, and then made a comment about how she is a "community organizer at heart" and she "hears the voices of the people". Sounds like the insurer calling all the shots.
Posted on 1/28/20 at 3:10 pm to Hobnailboot
quote:And he'll likely be reimbursed by the LLC or insurance proceeds.
quote:
Also said Kailas was paying the city for NOPD/NOFD out of his personal pocket.
Brilliant PR move.
Posted on 1/28/20 at 3:11 pm to Hobnailboot
quote:
Latoya just said Berkshire was the insurer. She also made sure to point out that this is all on 1031 Canal, and then made a comment about how she is a "community organizer at heart" and she "hears the voices of the people". Sounds like the insurer calling all the shots.
yep..she just put it all on 1031 iin her press conference a little while ago.....
She straight up said..." This is all on the owner which is 1031 Canal...that's who's responsible"
1031 Canal...your move
Posted on 1/28/20 at 3:11 pm to Ice Cold
quote:
And he'll likely be reimbursed by the LLC or insurance proceeds.
That's what I figured. He is using insurance money to make himself look better.
Posted on 1/28/20 at 3:12 pm to tgrbaitn08
Damn dude she wants to punch Helena Moreno in her face.
Posted on 1/28/20 at 3:17 pm to Hobnailboot
quote:
Damn dude she wants to punch Helena Moreno in her face.
got a link where you're watching it? sounds interesting
Posted on 1/28/20 at 3:28 pm to HT713
quote:
1209 orange st wilmington, DE
That's where all DE corporations have to be registered.
Posted on 1/28/20 at 3:30 pm to Hobnailboot
I'm sure we both already know the answer but why does an indian immigrant real estate developer with virtually all his business dealings in nola and his main house down the street from Al Copeland Jr's mansion list his domicile in deleware
Posted on 1/28/20 at 3:32 pm to HT713
quote:
I'm sure we both already know the answer but why does an indian immigrant real estate developer with virtually all his business dealings in nola and his main house down the street from Al Copeland Jr's mansion list his domicile in deleware
Bro, a shite load of US companies use CT Corp as their business address..it's very very common
This post was edited on 1/28/20 at 3:33 pm
Posted on 1/28/20 at 3:34 pm to HT713
quote:
I'm sure we both already know the answer but why does an indian immigrant real estate developer with virtually all his business dealings in nola and his main house down the street from Al Copeland Jr's mansion list his domicile in deleware
It has to do with business & legal protections that the state of Delaware offers for incorporation. Most sophisticated business owners domesticate their companies in Delaware, Nevada, or Wyoming.
Posted on 1/28/20 at 3:37 pm to tgrbaitn08
quote:
Bro, a shite load of US companies use CT Corp as their business address..it's very very common
yeah I'm aware
have you ever wondered why they do that
Posted on 1/28/20 at 3:38 pm to HT713
Think there's a tax advantage.
Regardless, let's stay on point here.
How long do you think Latoya vs. Helena would last (in seconds)?
Regardless, let's stay on point here.
How long do you think Latoya vs. Helena would last (in seconds)?
This post was edited on 1/28/20 at 3:39 pm
Posted on 1/28/20 at 3:39 pm to HT713
quote:
have you ever wondered why they do that
I assume there is a tax loophole by registering your company in Delaware.
Posted on 1/28/20 at 3:40 pm to Hobnailboot
quote:
How long do you think Latoya vs. Helena would last (in seconds)?
the PPV for this fight could pay for the hard rock clean up tbh
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