Indiana Supreme Court Orders Hearing on Toll Road Appeal
he Indiana Supreme Court has agreed to quickly hear an appeal of a county judge’s ruling on a suit filed to block a 75-year lease of the Indiana Toll Road to a foreign consortium, the Associated Press reported.
Opponents of the plan filed notice Monday that they would appeal a judge’s ruling that they must post a $1.9 billion bond to continue their legal challenge, AP said.
The groups filed their suit in April, objecting to a plan to lease the road to a Spanish-Australian consortium. (Click here for previous coverage.)
The state requested the expedited hearing because the private investors can pull out of the nearly $3.8 billion deal if there is still a viable lawsuit by the end of this month, AP said.
Separately, the toll road on Saturday raised its rates for truckers. (Click here for previous coverage.)