"The Morning Call of Allentown, Pa. showed how the leadership of Lehigh Valley International Airport followed a risky strategy of buying land around the airport in the mid-1990s. That strategy led to an inverse condemnation and court fight pitting the airport against a group of investors who had hoped to build on the land. Despite using experts that cost the airport as much as $710 an hour, LVIA lost at nearly every turn in court, and now a land deal that could have cost the airport about $8 million is approaching $34 million in total costs." Despite the fact that LVIA has more passenger traffic than before, the court arguments lean toward how long the airport will have to pay back its investors.
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