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New Orleans Attorney Profiles 2015
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Netchex founders build online business after Internet bubble bursts

Advocate staff photo by SCOTT THRELKELD  -- Brad Caluda, left, Chris Dupuy, Patrick Ballard and Megan Woodruff brainstorm new Web features at Netchex, an online payroll and human resources company headquartered in Mandeville. The copany also has offices in Baton Rouge, Jackson, Mississippi, Atlanta and Dallas.

With smoke still rising in 2002 from the ruins of the crash, amid the rubble of broken dreams and catchphrases like “new economy” and “new paradigm,” Netchex’s co-founders had a crazy idea. They would start a web-based company. College roommates at LSU, best friends and wannabe entrepreneurs Will Boudreaux and Stuart Ethridge… Continue reading →

People in Business for July 5, 2015

Helen Seder, LSU Executive Education - LSU Stephenson Entrepreneurship Institute

NEW ORLEANS AREA Jeanmarie Murphy has joined The Ehrhardt Group as senior counselor, working for clients in the wireless technology, tourism, banking and oil and gas industries. Murphy moved to New Orleans to work as a unit publicist, supervising and executing on-set and behind-the-scenes media access and public affairs activities for clients… Continue reading →

Business Honors for July 5, 2015

BATON ROUGE AREA Sean Reilly, chief executive officer of Lamar Advertising Co., received the EY Entrepreneur Of The Year Award in the Gulf Coast area in the family business category. The awards recognize entrepreneurs who inspire others with their vision, leadership and achievement. The awards are nationally sponsored by the Ewing Marion Kauffman… Continue reading →

Business Briefs for July 5, 2015

An export training course will be held from 8:30 a.m. to 4:30 p.m. July 16-17 at the Louisiana Association of Business and Industry, 3113 Valley Creek Drive, in Baton Rouge. The course is for business managers, marketing and sales staff who are new to exports… Continue reading →

CommCare names Jim Tucker as president, CEO

Jim Tucker, CommCare

James W. “Jim” Tucker has been named president and chief executive officer of CommCare Corp., a New Orleans-based nonprofit that operates 11 skilled nursing facilities, a hospice and institutional pharmacy in Louisiana. Tucker currently serves on the board of directors and takes the position held by John Stassi II, who will become general counsel and chairman of… Continue reading →

Shell moves forward on Appomattox development; largest Gulf platform could produce massive oil daily

Royal Dutch Shell PLC has greenlighted the Appomattox deepwater development, a project that will include building the company’s eighth and largest deepwater platform in the Gulf of Mexico. Shell did not release cost estimates for the project, which lies about 80 miles off Louisiana’s coast in 7,200 feet of water. Peak daily production — a… Continue reading →

Six of nine Louisiana metro areas lose jobs, but state still up overall

Advocate file photo -- Unused inland drilling rigs are stacked together earlier this year at the Port of Iberia. Low crude prices have contributed to a loss of oil and gas jobs in Louisiana, particularly in the Lafayette and Houma-Thibodaux metro areas.

Six of Louisiana’s nine metropolitan areas lost nonfarm jobs over the 12 months through May 31. Big gains in the Baton Rouge, Lake Charles and Hammond areas, however, helped the state gain 8,100 nonfarm jobs over the same period, the Louisiana Workforce Commission reported Tuesday. Louisiana’s nonfarm employment finished the 12 months at 1,994,300… Continue reading →

Businessman Sidney Torres plans large, upscale development in underused Mid-City tract

New Orleans businessman Sidney Torres IV has purchased a large swath of land near Bayou St. John in Mid-City, saying he plans a “massive” and “high-end” residential and commercial development on 9 acres of mostly underused land. The sale is the largest real-estate transfer in the neighborhood in decades, Torres said, calling it a “sign of… Continue reading →

Offshore helicopter company opens 35-acre Houma base

BC-LA—Helicopter Base,130 Offshore helicopter company opens 35-acre Houma base Eds: APNewsNow. HOUMA, La. (AP) — Houston-based Era Group has opened a 35-acre helicopter base for offshore flights to and from Houma-Terrebonne Airport. The Courier reports ( ) that the base houses 30 helicopters that will carry 15,000 workers to and from oil platforms each month. President, CEO and chief… Continue reading →

Ochsner plans new rehab hospital

Less than two weeks after launching a statewide network, Ochsner Health System announced it will partner with a Pennsylvania company to build a new, 60-bed acute inpatient rehabilitation hospital in 2016. The joint venture with Select Medical Corp. gives Ochsner a partnership with a company whose specialties include rehabilitation services. Select Medical now has 17… Continue reading →

Louisiana businesses react to fraud-fighting computer chip credit cards, which mean transition costs, and a deadline

Associated Press photo by GERALD HERBERT -- Waitress Courtney Jones processes a dinner tab with a Rail table-side credit card processing device at Tableau, a Dickie Brennan & Co. restaurant, in New Orleans. Dickie Brennan & Co., which operates four New Orleans restaurants, expects to pay more than $25,000 to replace card readers and software once chip cards are phased in and magnetic stripe cards.

New credit and debit cards with computer chips are putting the squeeze on small businesses. The cards being rolled out by banks and credit card companies are aimed at reducing fraud from counterfeit cards. As chip cards are phased in, magnetic stripe cards, which are easier for thieves to copy, will be phased out. Businesses of… Continue reading →

Business Honors for June 28, 2015

BATON ROUGE AREA The Leadership Livingston program has graduated 26 participants in its 2015 class. The program is for existing or potential leaders who reside or work in Livingston Parish and is designed to make them aware of community and social topics through mutliple sessions. Topics include government; culture and tourism; community health care; leadership… Continue reading →

Business Briefs for June 28, 2015

Altus Global Trade Solutions in Kenner, a commercial accounts receivable management firm, has partnered with GrindStone Collection Strategies Inc. in Vancouver, Washington. GrindStone is the second member to join Altus’ alliance program. Jim McDermott, Altus’ chief operating officer, said the program allows small- and medium-sized… Continue reading →

New questions swirling around embattled New Orleans biotech firm Renaissance

New questions are being raised about whether Renaissance RX, a local biotech startup whose skyrocketing growth was stymied last year by a review into its government billing, was qualified to receive federal funding for its new, cutting-edge genetic testing in the first place. The company, which grew in two years from five employees in the New… Continue reading →

U.S. oil and natural gas rig count increases by 2; Louisiana gains 6

Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. increased by two this week to 859, the first weekly gain since December. Houston-based Baker Hughes said Friday 628 rigs were seeking oil and 228 explored for natural gas. Three were listed as… Continue reading →

Weekly unemployment claims fall Louisiana

First-time claims for unemployment insurance in Louisiana for the week ending June 20 decreased to 2,731 from the previous week’s total of 2,888. The state labor department said Friday claims for comparable week a year earlier were 2,604. The four-week moving average, which is a less volatile measure of claims, decreased to 3,072 from the previous… Continue reading →

Four area companies receive state Lantern Awards

Four companies in the Baton Rouge, New Orleans and Lafayette areas are regional winners of the 2015 Lantern Award from Louisiana Economic Development. “It is a pleasure every year to celebrate Louisiana-based manufacturers who demonstrate quality in their work processes and a commitment to their local communities,” said Steven Grissom, the state’s secretary for economic… Continue reading →

Study puts Tulane economic impact at $982 million in New Orleans

Tulane University has a $982 million annual impact in the New Orleans regional economy as its largest private employer, a new study shows. The university’s impact on the state exceeds $1 billion, supporting about 11,800 direct and indirect jobs, according to the report compiled by New York City economic development firm Appleseed. “Tulane University has… Continue reading →

Copa Airlines begins service between New Orleans and Panama

Copa Airlines is offering nonstop service four times a week between Louis Armstrong New Orleans International Airport and Copa’s Hub of the Americas at Tocumen International Airport in Panama. New Orleans is the airline’s 11th U.S. destination and will provide access to more than 55 destinations in Central and South America and the Caribbean via Panama.… Continue reading →

Saratoga stock removed from exchange

Saratoga Resources Inc., an energy company with offices in Houston and Covington, will no longer be listed on the NYSE MKT, formerly known as the American Stock Exchange. The company said Tuesday that NYSE Regulation Inc. planned to begin the proceedings to delist Saratoga’s stock. Saratoga does not plan to appeal that decision. The… Continue reading →

Local entrepreneurs dive into TV show, emerge without cash but richer in experience

Advocate staff photo by JOHN McCUSKER --  Tereson Dupuy is the  inventor of Fuzzi Bunz who appeared on Shark Tank. She was looking for a way out of her struggling business. Eventually she licensed her company but lost control of the biz, which cratered. Now she lives in New Orleans. She and a Lafayette partner have bought the firm back and are relaunching it, outsourcing everything.

FuzziBunz founder Tereson Dupuy’s appearance on ABC television’s “Shark Tank” netted some painful but valuable advice. Artist Kyle Rainey taught his children an important life lesson about trying and failing … and took them to Disneyland. Lisa Lloyd landed an investment partner for Treasure Chest Pets, but the business ultimately failed.… Continue reading →

Business Honors for June 21, 2015

Bryan Laperouse, St. Martin Hospital

Dr. Ann Tilton, professor of neurology and pediatrics, and section chairwoman of child neurology at the LSU Health New Orleans School of Medicine, has been elected chairwoman of the American Board of Psychiatry and Neurology. The not-for-profit corporation develops and provides procedures for certification and maintenance of certification in psychiatry and neurology.… Continue reading →

People in Business for June 21, 2015

Scott McKnight, BancorpSouth Insurance Services

Scott McKnight has been named business development manager at BancorpSouth Insurance Services, assisting producers of the agency’s Louisiana offices. McKnight was a producer. Traylor has experience in sports and sales areas with SMG at… Continue reading →

Business Briefs for June 21, 2015

The Manhattan Place Shopping Center in Harvey is being managed and leased by Stirling Properties. The 137,315-square-foot shopping center includes Target, Ross Dress For Less, Rue21, Lane Bryant, AT&T and other stores. Contact Rhonda Sharkawy at (504) 620-8145 or or go to… Continue reading →

Louisiana gains 8,100 nonfarm jobs over past 12 months

Louisiana gained 8,100 nonfarm jobs over the 12 months that ended May 31, moving the state’s total to 1,994,300. Preliminary numbers Friday from the U.S. Bureau of Labor Statistics also showed, however, that four of 11 job sectors lost workers. Those numbers were not adjusted for possible seasonal factors. Government jobs decreased… Continue reading →

Ochsner and four partners officially launch new health network

Advocate staff photo by John McCusker -- Ochsner Dr. George 'Jody' Morris IV shows off the hospital system's ob-gyn facilities in New Orleans in 2013.

Jefferson Parish-based Ochsner Health System has officially launched a network that it says will give patients access to 25 medical facilities and more than 3,000 physicians across Louisiana. The facilities and doctors initially making up the Ochsner Health Network belong to five founding partners, officials said Thursday: Ochsner itself; St. Tammany Parish Hospital in Covington; Lafayette… Continue reading →

Home Bancorp buys Louisiana Bancorp in $74.5 million deal

Lafayette-based Home Bancorp Inc. will acquire Metairie-based Louisiana Bancorp in a cash deal valued at $74.5 million. Louisiana Bancorp is the holding company for Bank of New Orleans, which has four branches in the Greater New Orleans area. As of March 31, Louisiana Bancorp had assets of $331 million, $275 million in loans and $201 million in… Continue reading →