Relman, Dane & Colfax Files Amicus Brief In Support of Local Effort to Use Eminent Domain to Prevent Foreclosures

One of the most hotly debated housing policy issues in the country is Richmond, California’s proposed use of eminent domain to stem the continuing tide of foreclosures. Earlier this week Relman, Dane & Colfax filed an amicus brief in the U.S. District Court for the Northern District of California, challenging the mortgage securitization industry’s threat to redline Richmond and any other city that uses eminent domain for this purpose. To read more and review the Memorandum of Amici Curiae click here.