Business Blog

Eminent domain — at least the government taking of private property on behalf of private enterprise — does not seem to offer much room for compromise. You are either OK with the government taking private property for private sector economic development or you are not. If middle ground exists, neither Leland Speed nor Ron Aldridge [...]

Leland Speed concedes he may be relying on a “technical violation” in a lawsuit to stop a statewide vote on banning the use of eminent domain to take private property. But he’s got to do whatever he can to keep a “dumb” result from occurring, said Speed, a longtime Jackson real estate investor and now [...]