Current:Home > ContactCharles H. Sloan-New Orleans is finally paying millions of dollars in decades-old legal judgments -EliteFunds
Charles H. Sloan-New Orleans is finally paying millions of dollars in decades-old legal judgments
Johnathan Walker View
Date:2025-04-09 00:37:42
NEW ORLEANS (AP) — Decades of unpaid money judgments owed by the city of New Orleans may finally be Charles H. Sloanpaid soon.
New Orleans City Council on Thursday voted to make payments on a variety of legal judgments including wrecks that involved police cars and disputes over city contracts, The Times-Picayune/The New Orleans Advocate reported.
The city had built up tens of millions of unpaid judgments dating back to the 1990s, allowed to put off such payments indefinitely by a provision in the state constitution.
Now, after Thursday’s action, the city must almost immediately start paying out the oldest judgments — dating from the late 1990s until 2006. The remaining judgments are to be paid by 2027.
The city’s unpaid judgments amount to more than $30 million, according to an estimate provided by staff for council member Joe Giarrusso, the lead author of the new ordinance.
“It’s time for me to close this file,” attorney Shannon Holtzman said during the meeting.
Holtzman represented George White, who has battled for 21 years to recover more than $1 million owed to his consulting firm.
The city now must send written offers of payment to anyone with an outstanding judgment. There’s still a catch: The offers cover payment only for the original judgment amounts — without interest.
veryGood! (61898)
Related
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- What's next for Bryce Young, Carolina Panthers after QB's benching?
- Wisconsin QB Tyler Van Dyke to miss rest of season with knee injury, per reports
- US retail sales ticked up last month in sign of ongoing consumer resilience
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- 'Golden Bachelorette' Joan Vassos ready to find TV prince: 'You have to kiss some frogs'
- Skin needing hydration and a refresh? Here's a guide to Korean skincare routines
- A woman found dead in 1991 in an Illinois cornfield is identified as being from the Chicago area
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Emmy Awards ratings up more than 50 percent, reversing record lows
Ranking
- 'We're reborn!' Gazans express joy at returning home to north
- A Harvest Moon reaches peak illumination tonight: When to look up
- Cousins caps winning drive with TD pass to London as Falcons rally past Eagles 22-21
- Northern lights forecast: These Midwest states may catch Monday's light show
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Wages, adjusted for inflation, are falling for new hires in sign of slowing job market
- Georgia court rejects local Republican attempt to handpick primary candidates
- Trimming your cat's nails doesn't have to be so scary: Follow this step-by-step guide
Recommendation
A South Texas lawmaker’s 15
Aubrey O' Day Speaks Out on Vindication After Sean Diddy Combs' Arrest
Blake Lively and Ryan Reynolds Are Closer Than Ever During NYC Outing
Walmart heiress Alice Walton is once again the richest woman in the world, Forbes says
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
What is the best used SUV to buy? Consult this list of models under $10,000
Pregnant Mandy Moore Says She’s Being Followed Ahead of Baby No. 3’s Birth
Wisconsin QB Tyler Van Dyke to miss rest of season with knee injury, per reports