General Discussion

badtoworse

(5,957 posts)

36. Assuming they win, the city will not get the water system for free

Thu Apr 3, 2014, 09:00 PM

Apr 2014

They offered $65 million and Carlyle wants $120 million. If Missoula wins, they'll get it for fair market value which will likely be some value in between.

Based on what is in the article, I think Missoula will lose unless they can prove that Carlyle is grossly negligent in maintaining the water system and they have to take over to protect the public. The fact that Carlyle makes money is irrelevant.

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Missoula files for eminent domain takeover of water system from Carlyle Group [View all] Newsjock Apr 2014 OP

Hopefully one of many such actions to come... Wounded Bear Apr 2014 #1

No Group More Vile And Evil Than Carlyle billhicks76 Apr 2014 #34

and it will be run right up the judicial system right into the hands of the 5 sub-human mongrels ,to leftyohiolib Apr 2014 #2

Nah, after Kelo v. City of New London anything goes. n/t PoliticAverse Apr 2014 #26

I will google it, but Kelo v New London? Voice for Peace Apr 2014 #55

That was a pivotal US Supreme Court case that allowed PoliticAverse Apr 2014 #57

thank you! I did google it but then was called away Voice for Peace Apr 2014 #64

I LIKE it! bvar22 Apr 2014 #3

Agreed. mattclearing Apr 2014 #37

We'll have to find some way to get rid of... bvar22 Apr 2014 #40

Good. But do it right, because you don't want to lose. lumberjack_jeff Apr 2014 #4

Good point! After all, the Carlyle Group has access to the best lawyers Raksha Apr 2014 #11

No reason for it to go to the Supreme Court, the only thing to dispute is fair value PoliticAverse Apr 2014 #27

I believe they also have to convince the judge that taking is their only option badtoworse Apr 2014 #38

Yes I see that the state law/constitution is much stricter as to the requirements to take PoliticAverse Apr 2014 #59

Great ....Thanks for Posting...nt Stuart G Apr 2014 #5

Hoo rah leanforward Apr 2014 #6

Love it! nt Zorra Apr 2014 #7

This might be the most important first step in the great fights to come. SoLeftIAmRight Apr 2014 #8

Wow, indeed - and very scary erronis Apr 2014 #10

If you think the Oil Wars are ruthless ... 1000words Apr 2014 #9

Frightening thought. n/t Raksha Apr 2014 #12

Interesting. And now most of us will see the other side of eminent domain. pnwmom Apr 2014 #13

this is great!!! may they inspire many more.... BlancheSplanchnik Apr 2014 #14

You know who else used to buy up water systems? KamaAina Apr 2014 #15

Coke also bought up water resources. Bush bought alfredo Apr 2014 #23

Good for Missoula. Enthusiast Apr 2014 #16

Yes indeed! calimary Apr 2014 #17

How long will the public stay docile. alfredo Apr 2014 #24

I think a local water system, as well as other essential utilities, LuvNewcastle Apr 2014 #49

Yes. These corporations exist to make a profit. Enthusiast Apr 2014 #62

eminent domain... unionthug777 Apr 2014 #18

Great! May this be the beginning. n/t Duval Apr 2014 #19

What I was thinking. nm rhett o rick Apr 2014 #33

I hope this is just the beginning Pakid Apr 2014 #20

This is important ashling Apr 2014 #21

We couldn't even get that far in our fight against RWE. They bought alfredo Apr 2014 #22

a private airplane valued at $1.1 million. Grins Apr 2014 #25

As a reminder as to just WHO the Carlyle Group is... pangaia Apr 2014 #28

Fuckers, all BrotherIvan Apr 2014 #29

You said it, Brother.. pangaia Apr 2014 #31

Jesus eShirl Apr 2014 #41

I think maybe he would have smitten them.. pangaia Apr 2014 #45

Here We Go! colsohlibgal Apr 2014 #30

Let the Carlyle Group eat dust. idendoit Apr 2014 #32

Check out the comments for that article. drm604 Apr 2014 #35

you bet they are grasswire Apr 2014 #39

The water system in my city is owned by the city, and we have the LuvNewcastle Apr 2014 #51

Assuming they win, the city will not get the water system for free badtoworse Apr 2014 #36

Any group can do it. DeSwiss Apr 2014 #42

I lived in Missoula for many years BlueMTexpat Apr 2014 #43

We have something very similar here in north Texas Not Sure Apr 2014 #44

I don't see what Missoula is complaining about. badtoworse Apr 2014 #47

That may not be the problem with Missoula Not Sure Apr 2014 #66

PG&E in California is also going to be nailed, if there is a God. vanlassie Apr 2014 #46

Read the comments section SHRED Apr 2014 #48

They have... sendero Apr 2014 #50

Hahah oh man, I have an uncle that lives there. AtheistCrusader Apr 2014 #52

If only we could do this to Bechtel too ...where ever we can. L0oniX Apr 2014 #53

Good news! Let's have more of that. Maineman Apr 2014 #54

K&R Auggie Apr 2014 #56

Reality does indeed have a liberal bias The Blue Flower Apr 2014 #58

Of course they are in the business to make money. That is obvious, but irrelevant. badtoworse Apr 2014 #61

Peeps had their eyes on the wrong bandits didn�t they. fleabiscuit Apr 2014 #60

First time ever that I have heard of the eminent domain law being used for justice! DesertDiamond Apr 2014 #63

Care to elaborate? What is unjust about Carlyle owning Mountain Water? badtoworse Apr 2014 #65