As reported in the Clarion-Ledger last week, District Judge Carlton Reeves dismissed the City of Canton’s lawsuit against Nissan. Canton sought a declaratory judgment that its 2000 agreement to not annex the Nissan plant for at least 30 years is not binding.
Here is my post on the lawsuit from last year where I noted how unpopular the lawsuit was.
Judge Reeves rejected Canton’s contention that the agreement was unconscionable. Here is the line of the opinion:
It may be that the City of Canton, as it is constituted in 2012, wishes that its predecessors had made a better deal, but that is not the question at hand. The question is whether [
a deal is a deal]the agreement is so one-sided as to be illegally oppressive, and that question can be answered only in the negative.
Barbara and Ed Blackmon of Blackmon and Blackmon in Canton represented the City of Canton. Mitchell Cowan and Kaytie Pickett of Jones Walker in Jackson, Laura Gibbes and Samuel Jones represented Nissan.
Not surprising. Canton probably knew it would likely lose, but decided to roll the dice with taxpayer’s money.
It would have been a disaster for other major economic developments if Canton’s deal was set aside.
Credit to Attorney General Jim Hood and his attorneys Justin Matheny and Harold Pizzetta for intervening and opposing the suit on behalf of the State.