Acadiana Business June 17, 2013 : Page 1
Jonathan and Elisa Devall Davis form Turnkey Title and Escrow P. 38 June 17 -July 18, 2013 News & Analysis on Commerce in South Louisiana Chef Pat Breaux joins Le Triomphe P. 38 www.acadianabusiness.com INSIDE Turk File ....................... 3 Media ......................... 10 Politics ........................ 13 Commercial Real Estate .................. 14 Around Town .............. 23 Economic Performance Index ...... 27 Health ......................... 29 Legal Matters .............. 32 Business News ........... 35 Commercial Progress Report .......... 37 People ........................ 38 ABiz Scene ................. 41 Inforum ....................... 42 Legal Separation Laborde & Neuner now NeunerPate. By Heather Miller afayette corporate defense attorneys Frank Neuner and Cliffe Laborde have dissolved their partnership after 26 years as the Laborde & Neuner law firm. Effective July 1, the firm’s name will change to NeunerPate, adding longtime partner James “Jim” Pate’s name to the com-pany’s banner. Neuner tells ABiz the split was amicable and Laborde, who has joined the Mahtook & Lafleur law firm, just “wanted to take a differ-ent path.” “We’re growing and expanding, and he just wanted to keep doing what he was doing,” Neuner says. NeunerPate is focused on continued representation of its current clients and its expan-sion into the New Orleans area, Neuner says, including three new attorneys at the firm’s office in Metairie and a new office on Poydras Street in New Orleans’ Central Business District. In a statement sent to ABiz, Laborde says he had a “great run” at Laborde & Neuner and wishes L TURK FILE: Commercial real estate professionals say the best is yet to come. By Leslie Turk Despite cuts, Schumacher ahead of hiring goals P. 3 RR Company snags banker Mike Guidroz P. 7 ptimism permeated the air in the small section of the Realtor Association of Acadiana’s Esther M. Guidry Education Room where five local commercial real estate agents and brokers gathered to share their outlook for the sector with ABiz. With the exception of some infrastructure issues that could create barriers to already planned develop-ments, or potentially block those just making it to the drawing board, the real estate reps were unable to find any real trouble spots on the horizon. On the topic of what they’re most excited about, there was little hesitation, as they believe O �b;�a; �a; SEE OPTIMISM ON PG. 14 SEE LEGAL SEPARATION ON PG. 18 BUSINESS NEWS: ABiz goes oyster touring with Ruffi no’s P. 35 (and we have its chargrilled recipe) Photo by Robin May Photo by Robin May Frank’s Casing Crew Going Public Company hopes to raise $500 million in Initial Public Offering with the Mosing family members retaining 85 percent ownership. By Leslie Turk rank’s Casing Crew, now doing business as Frank’s International, will make its final appearance on ABiz’s list of the Top 50 Privately Held Companies in Acadiana this year, and once again, it will likely be at the top with more than $1 billion in annual revenues. The 75-year-old company specializing in tubular fabrication and installation ser-vices to the oil and gas industry plans to go public this year. Keith Mosing, chairman, president and CEO of Frank’s International, tells ABiz the IPO could take place as early as July. The company hopes to raise at least $500 million, with Keith and fellow Mosing family members retaining 85 percent ownership in the company. “The Mosing family is still going to retain about 85 percent control, so things really are not Frank’s International’s Keith Mosing F Ruffi no’s owner/Executive Chef Peter Sclafani www.acadianabusiness.com SEE FRANK’S ON PG. 21 WHERE THE RACK IS NEVER EMPTY
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