Editorial: Suit to stop eminent domain plan has merit

A lawsuit brought by mortgage-bond trustees to stop a plan by Richmond, Calif., to use eminent domain as a tool to refinance some loans makes a good argument, according to The Wall Street Journal. The Constitution demands that eminent domain be used only for "public use," but the current plan would primarily benefit Mortgage Resolution Partners, the Journal writes.

View Full Article in:

Wall Street Journal (tiered subscription model), The

Published in Brief: