Traffic Accidents

A public-private route to reviving stalled developments

NM-Law-Blog-A public-private route to reviving stalled developments

There was quite a significant reaction to my last column regarding a structure that resembled something similar to what the US did with the RTC (Resolution Trust corporation) bailout of banks. Among the most critical responses included the “moral hazard” problem, where the government was stepping in and almost bailing out errant developers as well […]