News roundup: Santa Fe Cattle Co. closes Prairieville location, sets opening date for Coursey restaurant … La. businesses going global face bootleg problems … La. homeowners in line to get damages in Chinese drywall suit

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Goodbye and hello: The Santa Fe Cattle Co. has closed its Prairieville location after about two years at 37436 Ultima Plaza Blvd., confirms Mark Hebert of Kurz & Hebert Commercial Real Estate, who represents the property. Meanwhile, the company today announced an opening date for its new location at 11575 Coursey Blvd., in the spot that was vacated by Walk-On’s when it moved to Towne Center earlier this year. The Coursey restaurant, which is the first in Baton Rouge for the company whose corporate headquarters is on Jefferson Highway, will open on Monday, Oct. 27.

A lesson in foreign policy: Roughly 32% of cases involving intellectual property theft of U.S.-owned and -registered products occurred overseas, primarily in China, according to a U.S. Department of Agriculture report from 2010. About 62% of these infringement issues involved misleading labeling and advertising designed to make customers believe they were buying American-made products. The Advertiser reports that as more and more Louisiana companies go global with exporting, they’re encountering problems with protecting their wares and ideas. Read the full story.

Compensation coming: A federal judge has ruled that nearly 4,000 homeowners who say Chinese drywall ruined their homes are eligible to share any further damages he may award in lawsuits against Taishan Gypsum Co. Ltd., a government-owned manufacturer that failed to show up in court. Notices were sent Friday to the homeowners in Louisiana, Mississippi, Florida, Virginia, Texas and Alabama, attorney Leonard Davis of New Orleans announced today. The Associated Press has the full story.

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