Federal lawsuit filed to block eminent domain scheme in North Las Vegas

A lawsuit was filed in federal court Friday to try to block North Las Vegas from partnering with Mortgage Resolution Partners to seize underwater mortages.

The suit, filed by Wolf, Rifkin, Shapiro, Schulman & Rabkin on behalf of Gregory Smith, comes one week after the council approved moving forward.

My guess: Smith has standing as a resident, but that the Realtors, who have spent hundreds of thousands of dollars to fight the plan, are funding this one.

The suit is attached here.