US Denied Takings Claim Dismissal In Loan Dispute

Law360, New York (November 11, 2010, 5:52 PM EST) -- A federal judge has denied the U.S.' attempt to strip a Fifth Amendment takings claim in a suit brought by an owner of low-income housing, accusing the government of blocking the repayment of a federal loan in an attempt to keep rental restrictions in place.

In an opinion and order issued Wednesday, Judge Charles F. Lettow of the U.S. Court of Federal Claims refused to toss an accusation by Henry Housing LP that the government had violated protections against the taking of property without just compensation,...
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