A judge has dismissed a lawsuit over Richmond, California's plan to use eminent domain to seize underwater mortgages.
September 17, 2013 at 08:00 AM
1 minute read
A judge has dismissed a lawsuit over a Northern California city’s plan to use eminent domain to seize underwater mortgages.
U.S. District Court Senior Judge Charles Breyer ruled Monday that the lawsuit was premature because the city of Richmond had not yet approved the plan.
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