Kelo v. City of New London

Kelo v. City of New London
Kelo v. City of New London was a landmark case in United States Supreme Court history dealing with the authority of the government under the Takings Clause of the Fifth Amendment to seize private property for public use.
New London, Connecticut, Decision
The landmark U.S. Supreme Court decision in Kelo et al. v. City of New London et al. expanded the concept of constitutionally allowable takings of private property for public use under eminent domain to include takings for commercial developments that benefit the community.

Accounting Terms Lexicon

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