Fishman Haygood, together with co-counsel Castillo Snyder, filed individual claims for over 900 victims of the Stanford Ponzi scheme.  In total, the defrauded investors seek to recover nearly $500 million from five banks that had long-standing relationships with Allen Stanford and his entities.  The victims of the scheme allege that the banks’ close ties to Stanford gave them a front row seat to the fraud as it happened. The Wall Street Journal describes similar claims by a handful of other investors in this article.

Fishman Haygood’s lawyers have once again been recognized by Chambers as among the best in Louisiana.  The firm is ranked Band 1 in Real Estate, Corporate / M&A, Commercial Litigation and Plaintiffs’ Litigation.  Nearly all of our partners are ranked in their practice areas and even our senior associates are on the rise.  Click here for more information.

Jim Swanson, Managing Partner of Fishman Haygood and faculty member of the Practising Law Institute (PLI), will join a panel of esteemed lawyers in New York to discuss Securities Litigation: Trial of the Civil Action.  The panel is part of Securities Litigation 2019, a daylong program that PLI will present on April 1 at its New York office and will also make available through live webcast.  The program covers all the issues that can arise in the most complex securities matters, including SEC investigations and all stages of securities litigation and arbitration.  Learn more and register here.…

The Opportunity Zones (“OZ”) tax incentive allows taxpayers to defer until 2026 taxes on capital gains if those profits are reinvested in opportunity funds–which are equity funds that invest in businesses in opportunity zones.  Read more about Opportunity Zones here.  If you have questions about Opportunity Zones, contact Charles Landry.

Real Estate Developers in Louisiana can receive tax dollars to enhance projects through Economic Development Districts (EDDs).  EDDS are strictly defined geographic areas that are authorized and created by ordinance of the city or parish where they are located.  The vast majority of EDDs generate tax revenues for real estate developments from sales and use taxes and hotel occupancy taxes, though property taxes may also be used.  Read more about EDDs here. If you have questions about Opportunity Zones, contact John Werner or  Charles Landry.

Fishman Haygood and New Orleans CREW (Commercial Real Estate Women), welcomes CREW delegates from across the country for the 2019 CREW Network Leadership Summit.  This multifaceted meeting brings together the top leaders in CREW Network to learn from one another about chapter management, but also to learn from leading experts about the critical leadership skills that give you the business advantage.