Pharma Investments, Ventures & Law Weekly
Welcome to NewsRx!
Learn more about a six-week, no-risk free trial of Pharma Investments, Ventures & Law Weekly
We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.
Forest City Enterprises, Inc.
Forest City Statement on United States Supreme Court Decision Not to Hear Eminent Domain Case
July 13th, 2008
Bruce C. Ratner, chairman and chief executive officer of Forest City Ratner Companies, the New York-based subsidiary of Forest City Enterprises, Inc. (NYSE:FCEA)(NYSE:and)(NYSE:FCEB), today applauded the United States Supreme Court decision not to hear an eminent domain appeal brought by opponents of the Company's Atlantic Yards project. "We believe, and the courts have repeatedly agreed, that Atlantic Yards provides significant public benefits including thousands of affordable homes and much-needed jobs for Brooklyn," Ratner said. "We are gratified that the Supreme Court has decided to put an end to this lawsuit. The opponents have lost a total of 20 court decisions...
Source: Pharma Investments, Ventures & Law Weekly (2008-07-13)
|
