Justia Environmental Law Opinion Summaries

Articles Posted in Supreme Court of Mississippi
The Jackson Redevelopment Authority (JRA) leased several parcels along Farish Street in Jackson, Mississippi to the Farish Street Group (FSG). In exchange for a long-term lease and other favorable terms, FSG was given a set period of time to renovate the properties and to sublet them to retail establishments. Watkins Development, which owned half of FSG, contracted with FSG to do the renovations. The plan was to build an entertainment district on Farish Street, but after a few years only a fraction of the renovations were done, and none of the properties were occupied by tenants. JRA terminated the lease, and this litigation followed. The Chancery Court ultimately found that the lease was properly terminated, that no party had shown it was entitled to money damages, and that Watkins Development could not take a mechanic’s lien on the property. Finding no reversible error in that judgment, the Mississippi Supreme Court affirmed. View "Watkins Development, LLC v. Jackson Redevelopment Authority" on Justia Law