The Reality Check 10 6 26
Oct 6, 2026 · 1 hr 45 min · 12 segments
Cohost Suzette Bagneris Guest: Caroline Fayard
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- Caroline FayardGuestGerod StevensHostSuzette BagnerisHost
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Oct 6, 2026 · 1 hr 45 min · 12 segments
Cohost Suzette Bagneris Guest: Caroline Fayard
The Louisiana Supreme Court solidifies city ownership of the Wisner Trust land and revenue.
attention to it, but I wonder,
them, the folks that are the relatives, the dissidents
of the Wisner Land Trust, because ever since Mitch Landrieu came into office, they took this land, this money, and their ability to say, hey, we're going to distribute it to the city and some other nonprofits and stuff, the dissidents, the relatives, those folks that had the ability to do so.
But who am I? Who am I? Anybody else been paying attention to it? I'd love to hear your story, but I'm going to give you a little bit of the story.
this land from them and those folks that were supposedly the heirs of this land and this, because what they do is have it where they drill for oil and they have to pay to do so these different oil companies and they pay into the trust.
And every year the heirs of this land, uh, take the money, some for themselves, some for other nonprofits, and some for the city of New Orleans.
And ever since Mitchell Andrew came in, he said he don't think that's how it's supposed to go and took them to court and then ruled that they were going to take all the money from the land.
I just think that they just made something up and took it from these people, and they don't have a shot in you-know-what to try to get it back because they wanted that money, and they wanted it from them, and they did everything they had to do to take it from them.
But the decision was made by the Louisiana Supreme Court, And they refused to take up an appeal from the heirs of the Edward Wisner upholding and the lower court decisions that declared the city of New Orleans the sole 100% owner of the massive $100 million Wisner Trust land holdings and revenue stream.
Now, the legal battle, that brings an end to a multi-year legal fight initiated by the city of New Orleans council.
And the courts ruled that the original 100-year trust officially expired in 2014, making subsequent extension deals void.
And the financial impact voiding the controversial extension agreements preventing millions in annual oil, gas, and lease revenues from flowing into private heirs and outside entities, redirecting an estimated $6 million annually directed into the city's general fund.
And the ruling gives Mayor Helena Moreno and the city of New Orleans full municipal control of the property and funds without requiring approval from the former Wisner Trust Advisory Board.
The Louisiana Supreme Court solidifies city ownership of the Wisner Trust land and revenue.
attention to it, but I wonder,
them, the folks that are the relatives, the dissidents
of the Wisner Land Trust, because ever since Mitch Landrieu came into office, they took this land, this money, and their ability to say, hey, we're going to distribute it to the city and some other nonprofits and stuff, the dissidents, the relatives, those folks that had the ability to do so.
But who am I? Who am I? Anybody else been paying attention to it? I'd love to hear your story, but I'm going to give you a little bit of the story.
this land from them and those folks that were supposedly the heirs of this land and this, because what they do is have it where they drill for oil and they have to pay to do so these different oil companies and they pay into the trust.
And every year the heirs of this land, uh, take the money, some for themselves, some for other nonprofits, and some for the city of New Orleans.
And ever since Mitchell Andrew came in, he said he don't think that's how it's supposed to go and took them to court and then ruled that they were going to take all the money from the land.
I just think that they just made something up and took it from these people, and they don't have a shot in you-know-what to try to get it back because they wanted that money, and they wanted it from them, and they did everything they had to do to take it from them.
But the decision was made by the Louisiana Supreme Court, And they refused to take up an appeal from the heirs of the Edward Wisner upholding and the lower court decisions that declared the city of New Orleans the sole 100% owner of the massive $100 million Wisner Trust land holdings and revenue stream.
Now, the legal battle, that brings an end to a multi-year legal fight initiated by the city of New Orleans council.
And the courts ruled that the original 100-year trust officially expired in 2014, making subsequent extension deals void.
And the financial impact voiding the controversial extension agreements preventing millions in annual oil, gas, and lease revenues from flowing into private heirs and outside entities, redirecting an estimated $6 million annually directed into the city's general fund.
And the ruling gives Mayor Helena Moreno and the city of New Orleans full municipal control of the property and funds without requiring approval from the former Wisner Trust Advisory Board.
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