Fla. Developer Gets Taking Ruling Reversed In Fed. Circ.

Law360, New York (January 11, 2013, 6:41 PM EST) -- The Federal Circuit on Thursday reversed a ruling that a Florida home developer did not suffer a compensable regulatory taking when the U.S. Army Corps of Engineers denied its request to fill in wetlands on a piece of property it owned, saying a lower court erred in determining the relevant parcel.

Lost Tree Village Corp. filed a complaint in 2008, seeking more than $5 million from the government after the Corps denied its 2002 permit application to develop a small plot near land it had already...
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