When we first read the U.S. Court of Appeals’ opinion in PEM Entities, LLC v. County of Franklin, No. 21-1317 (Jan. 5, 2023), our reaction was one of skepticism. After all, at first blush, the court seemed to have concluded that in order to possess a property right protected by the Takings Clause, the owner needs first to prove it is a “vested” under state law.
That struck us as waaaay wrong. Yes, vesting under state law gets you a separate property interest, but failure to vest under state law does not mean you don’t otherwise possess Takings Clause “private property.” So what gives, Fourth Circuit?
Well, it turns out that despite us being ready to render a hearty j’accuse at the court, the outcome was a product of the claims made by the property owner (as they often are).
The opinion is short enough that it makes
Continue Reading CA4: Property Owner Isn’t “Vested” So No Takings Property

