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Sunday, May 03, 2015 12:57:03 AM
http://takingslitigation.com/2015/01/11/penn-central-lives-on/
The Penn Central case took "air rights" from PC investors and gave then to the citizens of NYC. SCOTUS decided it was not severe enough to constitute a taking.
Our case is that the 3rd A. gives to taxpayers what should go to shareholders. And the harm needs to be severe enough to constitute a taking.
http://en.wikipedia.org/wiki/Penn_Central_Transportation_Co._v._New_York_City
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