Go Back   New Orleans Saints - blackandgold.com > Main > Saints
Shop Horizontal

Saints coach Payton settles tax credit lawsuit

this is a discussion within the Saints Community Forum; NEW ORLEANS (AP) — New Orleans Saints coach Sean Payton has settled his lawsuit against a former Saints player who sold him nonexistent state movie tax credits from a defunct film studio. Payton’s attorney, Daniel Becnel Jr., described the settlement ...

Like Tree2Likes
  • 2 Post By jnormand

Reply
 
LinkBack Thread Tools Display Modes
Old 05-16-2013, 07:22 PM   #1
SaintsWillWin
 
Join Date: Nov 2010
Location: Shreveport,Louisiana
Posts: 9,015
Saints coach Payton settles tax credit lawsuit

NEW ORLEANS (AP) — New Orleans Saints coach Sean Payton has settled his lawsuit against a former Saints player who sold him nonexistent state movie tax credits from a defunct film studio.

Payton’s attorney, Daniel Becnel Jr., described the settlement approved Thursday as “substantial.” He refused to give further details, saying the settlement amount was confidential.

The case is tied to the payment of $1.9 million by present and past members of the team in 2008 to Louisiana Film Studios LLC. But the studio’s chief, Wayne Read, never applied for the credits and never gave the money back. Records show Payton paid Read $144,000.

Former Saints long snapper Kevin Houser, who is in the securities business, has been blamed for the sour deals.

Saints coach Payton settles tax credit lawsuit « Artesia News

"A Veteran is someone who, at one point in his life, wrote a blank check made payable to "The United States of America" for an amount of "up to and including my life."
WhoDat!656 is offline   Reply With Quote
Latest Blogs
Is this Manning's last Hurrah? Last Blog: 04-16-2014 By: SmashMouth


Landry over Beckham Jr. Last Blog: 04-12-2014 By: joker-saint


Saints Free Agency 2014 Last Blog: 03-11-2014 By: SmashMouth


Old 05-16-2013, 07:34 PM   #2
1000 Posts +
 
Join Date: Sep 2003
Location: The Toilet of Idaho
Posts: 1,736
Re: Saints coach Payton settles tax credit lawsuit

Man we've had some seriously douchenozzly players and personnel in the organization.
Rugby Saint II and Choupique like this.
jnormand is offline   Reply With Quote
Old 05-16-2013, 10:26 PM   #3
Bounty Money $$$
 
Join Date: Oct 2008
Location: 5800 Airline Dr. Metairie, LA.
Posts: 10,582
Re: Saints coach Payton settles tax credit lawsuit

Originally Posted by jnormand View Post
Man we've had some seriously douchenozzly players and personnel in the organization.
Dallas has us beat hands down!
Wait.........did I just say that?
Rugby Saint II is offline   Reply With Quote
Old 05-19-2013, 08:32 AM   #4
Site Donor
 
Join Date: Sep 2009
Location: Central Florida
Posts: 5,684
Blog Entries: 16
Re: Saints coach Payton settles tax credit lawsuit

Moral - don't invest with people you know
homerj07 is offline   Reply With Quote
Old 05-23-2013, 03:47 AM   #5
Resident Swede
 
Join Date: Sep 2005
Location: Märsta, Sweden
Posts: 4,731
Re: Saints coach Payton settles tax credit lawsuit

One more distraction out of the way.
Crusader is online now   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules

LinkBacks (?)
LinkBack to this Thread: http://blackandgold.com/saints/57904-saints-coach-payton-settles-tax-credit-lawsuit.html
Posted By For Type Date Hits
The Latest New Orleans Saints News | SportSpyder This thread Refback 05-16-2013 07:47 PM 3
Saints coach Payton settles tax credit lawsuit This thread Refback 05-16-2013 07:37 PM 26


All times are GMT -5. The time now is 03:26 AM.


Copyright 1997 - 2013 - BlackandGold.com
no new posts