Legal Opinion
City of New Orleans v. New Orleans Public Service Inc.
Louisiana Court of Appeal
Decided May 28, 1985No. CA-3577PublishedCited by 5 opinions
1Opinion of the Court
GULOTTA, Judge.
The issue in this case is whether New Orleans Public Service, Inc. (NOPSI) has the authority to issue long term securities without obtaining the prior approval of the City Council of New Orleans. NOPSI, its parent company Middle South Utilities, Inc. (Middle South), and their officers appeal from a preliminary injunction enjoining them from “preparing to and/or issuing and selling” additional NOPSI first-mortgage bonds, preferred stock or common stock without such approval. We affirm.
BACKGROUND
In April, 1922, in connection with the reorganization of the financially troubled New…
2Cases cited9 opinions
- Gulf Oil Corporation v. State Mineral BoardSupreme Court of Louisiana · 1975
- State v. Standard Oil Co. of LouisianaSupreme Court of Louisiana · 1937
- State v. City of New OrleansSupreme Court of Louisiana · 1922
- Clark v. BOARD OF COM'RS, ETC.Louisiana Court of Appeal · 1982
- JM Brown Const. Co. v. D & M Mechanical Con., Inc.Supreme Court of Louisiana · 1973
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3Cited by5 opinions
- Louisiana State Board of Medical Examiners v. BertucciLouisiana Court of Appeal · 1992
- Ferguson v. Am. Empire Surplus Lines Ins. Co.Louisiana Court of Appeal · 2019
- Ferguson v. Am. Empire Surplus Lines Ins. Co.Louisiana Court of Appeal · 2019
- LA. ST. BD. OF MED. EXAM. v. BertucciLouisiana Court of Appeal · 1992
- The Council of the City of New Orleans v. Edward Wisner Donation, the Honorable Mayor Latoya Cantrell, in Her Official Capacity and as Trustee, Michael Peneguy, Senator Edwin Murray, Major Chris Thornhill and Patrick Norton C/W the Council of the City of New Orleans v. Edward Wisner Donation, the Honorable Mayor Latoya Cantrell, in Her Official Capacity and as Trustee, Michael Peneguy, Senator Edwin Murray, Major Chris Thornhill and Patrick NortonSupreme Court of Louisiana · 2024