United States Seventh Circuit

42 U.S.C. section 1983 action, for the taking of policyholders' "property" (the right to receive liquidating distribution) without just compensation after conversion from mutual to stock form, was properly dismissed because an insurer and its holding-company structure were not state actors.

Appellate Information

• Argued 11/07/2002
• Decided 11/22/2002
• Published 11/22/2002

Judges

• EASTERBROOK, Circuit Judge., Before BAUER, EASTERBROOK, and MANION, Circuit Judges.

Court

• United States Seventh Circuit

Counsel

• For Appellant:
  
• James M. Pietz (argued), Richard A. Finberg, Malakoff, Doyle & Finberg, Pittsburgh, PA, for Plaintiff-Appellant.


• For Appellees:
  
• Daniel J. McMahon, Wilson, Elser, Moskowitz, Edelman & Dicker, Chicago, IL, Lorin L. Reisner (argued), Debevoise & Plimpton, New York, NY, for Defendants-Appellees.