Pleasant Township v. Aetna Life Ins. Co., 138 U.S. 67 (1891) Category: ALL Sub-category: Case Law In this nineteenth century case, the Court held that an Ohio statute authorizing certain townships to issue bonds for railroad construction violated the state constitution’s prohibition on providing public aid to private corporations. |
U.S. Trust Co. of New York v. New Jersey, 69 N.J. 253, 353 A 2d 614 (1976); 431 U.S. 1 (1977) Category: NJ Sub-category: Case Law Publication Date: 04/27/1977 Affirmed a lower court’s decision that the statutory repeal of a statutory covenant was a reasonable exercise of the state’s police power and was not prohibited by the Contract Clause in Art. I of the U.S. Constitution. |
Public Authorities Blog
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- Fourth Circuit dismisses lawsuit over municipal bonds used to finance city golf course
- Links roundup—featuring corporate subsidy and corruption concerns
- Economic development corporations aren’t entitled to sovereign immunity, according to the Texas Supreme Court
- NY Court of Appeals affirms ABO’s separate reporting requirement for IDA and affiliated LDC
- Links Roundup: NYS IDAs
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- Links Roundup: NYS LDCs
- Links Roundup: NYS Public Authorities