MINDEN, Louisiana — The Webster Parish District Attorney's Office says Explo Systems Inc. will plead guilty in September to charges related to the improper storage of millions of pounds of explosives materials at its Camp Minden location.
Webster Parish District Attorney Schuyler Marvin tells The Times (http://bit.ly/1rP51v2 ) the plea was scheduled to have been entered Tuesday but was postponed because of pending action in federal court with the company's Chapter 11 bankruptcy proceedings.
Marvin wants Explo to have a guilty plea on its record in case anyone associated with it attempts to obtain explosive licenses in the future in other states.
"I want to make sure this is on the record," said Marvin after learning within recent weeks the bankruptcy attorney, John Luster, is making arrangements to sell two of Explo's licenses to satisfy part of the company's debt to its creditors. "They filed notice who they are selling them to. I still don't see how they can do that but Luster wanted to conclude the transaction before the guilty plea was entered."
Information from: The Times, http://www.shreveporttimes.com