An insurance company backing some of Entergy New Orleans Inc.’s bonds will propose a reorganization plan that, unlike the company’s plan, will not depend upon the utility getting a $200 million government bailout, according to a federal bankruptcy court filing …
Entergy New Orleans Inc., the unit of Entergy Corp. that filed for Chapter 11 bankruptcy protection after Hurricane Katrina destroyed most of its electrical and natural gas systems in the city, submitted a reorganization plan on Oct. 24. “If the …
The race for Louisiana insurance commissioner, an office that has received a lot of past attention for all the wrong reasons, features a non-elected incumbent and a term-limited legislator trying to fill an unexpired term that popped up in the …
A week of major conventions, including the big American Library Association meeting, recently attracted about 24,000 visitors and pumped an estimated $25 million into New Orleans’ economy, which is still staggering from Hurricane Katrina, tourism officials said. But perhaps more …
Hurricanes Katrina and Rita destroyed 113 petroleum production platforms in the Gulf of Mexico, a federal agency overseeing offshore drilling said. The storms also damaged 457 pipelines connecting production facilities in the Gulf and bringing oil and natural gas to …
The East and Gulf coasts can expect another hurricane season that’s worse than average, according to the head of the National Oceanic and Atmospheric Administration. The Atlantic will have 12 to 15 tropical storms, seven to nine of them becoming …
