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Saturday, November 19, 2016

Developer sues California panel for $490M over coastal land

NEWPORT BEACH, Calif. (AP) - Developers have sued the California Coastal Commission for more than $490 million in damages for failing to approve a project that would have turned a 401-acre stretch of oil field overlooking the Pacific Ocean into a housing and retail development.

Rest more... http://m.washingtontimes.com/news/2016/nov/5/developer-sues-california-panel-for-490m-over-coas/

Reuters: Business News

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