NEW ORLEANS – A Louisiana corporation is suing LSU's Board of Supervisors claiming it deserves compensation after allegedly being excluded from a property deal.
CLLC Investment, Inc. filed a lawsuit against the Board of Supervisors of Louisiana State University and Agricultural and Mechanical College in the Orleans Parish Central District Court on Aug. 10. The plaintiff alleges that the Board, in the process of expropriating property in Orleans Parish through a quick-take proceeding, failed to include the corporation in these proceedings. CLLC claims to have had compensable property interest thus entitling it to just compensation by virtue of the quick-taking guidelines, which grants just compensation to those whose property interest have been taken.
The defendant is accused of failure to justly, fully and fairly compensate the plaintiffs for Orleans Parish property.
An unspecified amount is sought for compensation for the property interest taken, economic loss, lost profits, general damages for loss of use, loss of leasehold advantage and all cost of moving, relocating and reestablishment.
CLLC is represented by Randall Smith of New Orleans-based Smith & Fawer, LLC.
This case has been assigned to Division H Judge Michael G. Bagneris.
Case no. 2012-07891.