The Daily Background

Meanwhile, the owner of Port Newark filed a lawsuit in New Jersey to block the sale, citing security concerns. The Port Authority of New York and New Jersey said the deal violates a 30-year lease signed with the authority in 2000.

The lawsuit, filed Friday in state Superior Court in Newark, asked a judge to block the sale on the grounds that any such deal required the authority’s consent.

So this ports deal violates previous agreements that were made? Let me ask: is this deal taking security/control/etc away from an American owner, and giving it to the Dubai Port World company?

I wrote about the transfer of authority recently, saying that control should stay in U.S. hands, period.

Filed under: Z-TDB Blog