NEW ORLEANS – A local body engaged in revitalizing neighborhoods in New Orleans is suing a local company for allegedly failing to pay a promissory note.
The New Orleans Redevelopment Authority (NORA) filed suit against Thoron New Orleans Investments LLC of 643 Magazine Street in the Orleans Parish Civil District Court on Dec. 13, 2013.
According to the suit, Thoron owed NORA $138,298.35 with 2.5% interest from May 1, 2012 until paid.
Thoron was found in default on May 22, 2013.
On March 5, the court ruled that the judgment was satisfied.
NORA was represented by attorney Christopher Gobert of New Orleans.
The case is assigned to Division I Judge Piper D. Griffin.
Case no. 2013-00661.
New Orleans Redevelopment Authority sues over outstanding debt of $138K
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