Former Asset Manager of Railway Extension Ordered to Pay $1.4 Million

Back in August 2024, Louisiana 23 Development Company (LA 23), the company formally hired by the Plaquemines Port to serve as its “asset manager” of the proposed container terminal and complimenting railway extension project, had a judgment rendered against it in the United States Eastern District Court of Louisiana. This judgment was a “consent judgment,” meaning both the defendant and...

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