Government
Jul. 7, 2011
Redevelopment Change Could Spur Lawsuits
New laws passed last week to curtail redevelopment agencies could lead to not one suit but a slew of offshoot litigation by developers over the hundreds of millions of dollars likely to be yanked back.
Daily Journal Staff Writer
Two measures signed into law last week to overhaul - and potentially shutter - California's community redevelopment agencies have long been expected to draw a court challenge. But the new legislation could also lead to a slew of offshoot litigation by private developers over the hundreds of millions of recently allocated redevelopment dollars likely to be yanked back under the new laws, lawyers for the indust...
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