Professionals Cited
Related Practices
newsNews Room

Chevalier Receives Mention in The Bond Buyer
January 13, 2006

Public finance and economic development partner and bond counsel Fred Chevalier was mentioned in the November 22 edition of  The Bond Buyer in the article, "Louisiana Supreme Court Asked To Review TIF Bonds For Bass Pro Shop." The Louisiana Supreme Court has been asked to review a case involving $50 million of tax increment financing bonds the Denham Springs Economic Development District wants to sell to help build a Bass Pro Shop. Opponents say tax dollars should not be used to help private retailers. Jones Walker represents the Denham Springs Economic Development District and Chevalier filed a brief saying that the opponents failed to file their challenge within the 30-day limit required after the bond resolution was published. Chevalier was quoted saying, "We're optimistic that the Supreme Court will rule in our favor. We think they will see this as an important economic development tool, especially after the hurricanes."