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On April 25, 2019, the Federalist Society's Environmental Law & Property Rights Practice Group sponsored a panel discussion on "Government Takings Litigation Update - Through the Lens of Love Terminal."
A 2018 federal circuit court ruling rejected compensation to the plaintiff in a case in which the government took through eminent domain a privately owned airline terminal and physically demolished it. The plaintiffs, now seeking cert before the U.S. Supreme Court, spent $17 million building that terminal at Dallas Love Field Airport. The U.S. Court of Claims ruled that the taking of the terminal was worth more than $133 million, but the Federal Circuit Court of Appeals reversed, declaring the terminal's value to be zero, as the investment property had yet to earn a positive cash flow. Our panel of experts discussed the impact of Love Terminal Partners v. U.S. on takings law.
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As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speakers.