Speed critical of Hood lawsuit
Leland Speed says that Hood’s plan to renew his lawsuit against a national insurance company over homeowners’ claims following Hurricane Katrina hurts not only the homeowners, but economic development on the Gulf Coast as well.
Speed, who left MDA at the end of last year and is currently chairman of EastGroup Properties and other development companies, claimed that Hood’s determination to pursue a class-action lawsuit will only slow the process of recovery.
“We don’t enjoy the reputation of having the finest business climate in America, and this isn’t going to help it a damn bit,” said Speed.
Madison County Journal
6/6/7
About the Author(s)
Magnolia Tribune
This article was produced by Magnolia Tribune staff.
More Like This
News
|
Claudia Lauer, Associate Press
, Amy Taxin, Associated Press
, Alex Veiga, Associated Press
, Deepa Bharath, Associated Press
•
September 6, 2024
A look at the winding legal saga of Hunter Biden that ended in an unexpected guilty plea
A spokesperson for Joe Biden reiterated when asked Thursday that the president had no plans to pardon his son or commute his eventual sentence.
More From This Author
Previous Story