United States Leading Case regulatory takingsfifth amendmentland use regulation

Penn Central Transportation Co. v. New York City

438 U.S. 104 (1978)

JurisdictionUnited States

CourtSupreme Court of the United States

Year1978

StatusBinding authority

Key Principle

Whether a regulation effects a compensable 'taking' is an ad hoc factual inquiry guided by three factors: the regulation's economic impact, its interference with distinct investment-backed expectations, and the character of the government action.

Area of Law

Company, Insolvency & Banking

Related Cases

Klein v. Martin 607 U. S. 213 (2026)

Ellingburg v. United States 607 U.S. ___ (2026)

Inc. v. Palmquist 607 U.S. 421 (2026)

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