In a recent story entitled “Nonprofit challenges deal shielding Greenfield from $200 million in local tax liability,” the Lens reports on the latest work of Most & Associates’ attorneys. The Lens explains:

An arrangement that would allow Greenfield, the company seeking to construct a large grain terminal in St. John the Baptist Parish, to avoid paying some $200 million in local taxes is a sham, a nonprofit group said in a letter addressed to the parish’s tax assessor on Wednesday, asking him to treat the tract of land at issue as taxable property.

The cooperative endeavor agreement (CEA) that Greenfield entered into with the Port of South Louisiana in April is essentially a “simulation,” and does not constitute a bona-fide transfer of property under Louisiana’s civil code, William Most, an attorney representing the Descendants Project, said in a letter to Lucien Gauff, the parish’s assessor.

Read more here: https://thelensnola.org/2022/12/07/nonprofit-challenges-deal-shielding-greenfield-from-200-million-in-local-tax-liability/