First and Ninth Circuits Split on Discharge of Takings Clause Claims

July 21, 2022

First and Ninth Circuits Split on Discharge of Takings Clause Claims

Splitting with the Ninth Circuit, the First Circuit holds that claims under the Takings Clause cannot be discharged in a municipal bankruptcy.

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Opinion Link

View Opinion

https://abi-opinions.s3.amazonaws.com/Puerto+RIco+Just+Compensation.pdf

Case Details

Case Citation

Financial Oversight and Management Board for Puerto Rico v. Cooperativa de Ahorro y Credito Abraham Rosa (In re Financial Oversight and Management Board for Puerto Rico), 22-1119 (1st Cir. June 18, 2022)

Case Name

In re Financial Oversight and Management Board for Puerto Rico

Case Type

Business

Court

1st Circuit

Bankruptcy Tags

Claims