We've covered in the past regulatory takings claims and the benchmark three-prong Penn Central test for analyzing potential liability. We've also noted the issues involved in consistently applying those factors, and the resulting unpredictibility in evaluating the merits of potential regulatory takings claims.
William Wade, Ph.D., a resource economist with the firm Energy and Water Economics, often writes about these issues, offering clearly articulated potential solutions to dealing with these Penn Central issues. And Mr. Wade has done it again, as his recent ...
When analyzing potential liability for a regulatory takings claim, most land use and eminent domain attorneys immediately look to the three-prong test set forth by the U.S. Supreme Court in Penn Central Transportation Co. v. New York City (1978) 438 U.S. 104. Those three factors include:
- the economic impact of the regulation;
- the extent to which the regulation has interfered with distinct investment-backed expectations; and
- the character of the government's regulation.
Unfortunately, it's much easier said than done. Practitioners and courts alike have struggled ...
Eminent Domain Report is a one-stop resource for everything new and noteworthy in eminent domain. We cover all aspects of eminent domain, including condemnation, inverse condemnation and regulatory takings. We also keep track of current cases, project announcements, budget issues, legislative reform efforts and report on all major eminent domain conferences and seminars in the United States.
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