re: Obama administration shuts down 100 year old oyster company (Posted on 11/30/12 at 10:12 am to Meauxjeaux)
quote: That is small print for saying the fedgov can screw you over at any time.
Wrong, not during the term of the lease - WHICH WAS 40 YEARS.
Whenever one of my tenants signs a lease, it is assumed that it will be renewed, but both parties reserve the right to not renew. Are you suggesting only the LESSEE should retain the right to not renew? What would that do to landowner rights?
Besides, do you think those oystermen were leasing at market rates...? I doubt it.