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Realty Cos. Want $170M From US For Gulf Property Erosion

By Stephanie Russell-Kraft (January 2, 2014, 5:13 PM EST) -- Two realty companies hit the federal government with a $170M suit in the Court of Federal Claims on Thursday, alleging that a gradual and continuous process of erosion along the Mississippi River Gulf Outlet project amounted to a taking of the companies' properties without the power of eminent domain or just compensation....

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