This preview shows page 1. Sign up to view the full content.
Unformatted text preview: Risk now a danger, can’t give the coal company more than they purchased. Defense: Mahon et Al. Verdict: Mahon wins, in protecting the public from harm, there is no need to compensate for lost coal profit. Just the same as say growing drugs or producing illegal alcohol. This harms the property owner if he could be using his land to make money, still this harms the public and it is not compensated for. Law and Economics Notes:...
View Full Document
This note was uploaded on 12/11/2007 for the course ECON 4040 taught by Professor Hay during the Fall '07 term at Cornell.
- Fall '07