Friday, May 15, 2015

Resource Investments v. U.S.

<> Resource Investments v. U.S. - 5/12/15. In the U.S. Court of Appeals, Federal Circuit, Case No. Resource Investments, Inc. and Land Recovery, Inc. (collectively, "Resource Investments") appeal the Court of Federal Claims' ("Claims Court") dismissal of their Fifth Amendment takings claim pursuant to 28 U.S.C. § 1500. The Appeals Court affirmed the Federal Claims' decision -- "the Claims Court correctly dismissed Resource Investments' complaint as barred by § 1500."