The bill sponsored by Sen. Conrad Appel doesn't mention the World Trade Center specifically but changes what factors public benefit corporations can consider when picking a private company to lease public property. Public benefit corporations can award leases outside the standard public lease law.Seems like an inherently bad idea. But all the important people are behind it so..
The bill also requires anyone challenging a lease to pay cash or other security in order to file a lawsuit, an amount that could reach tens of millions of dollars on big projects. The bill would apply to both future and currently pending lawsuits.
Thursday, April 14, 2016
Mitch Landrieu's tort reform
Because the mayor is pissed at this one guy holding up the WTC development, we're going to severely limit legal redress against public entities like the New Orleans Building Corps for economically disadvantaged firms and individuals.