United States Federal Circuit
Acceptance Ins. Co., Inc. v. US, 09-5015
The Court of Federal Claims' dismissal of plaintiff's takings claim pursuant to RCFC 12(b)(6) is affirmed as the court did not err in holding that the plaintiff failed to allege a legally cognizable property interest for Fifth Amendment purposes in the ability to freely transfer a portfolio of insurance policies, and thus, there was no cognizable property interest that could be taken when the Risk Management Agency rejected the proposed sale to another company in the crop insurance business.
Appellate Information
- Decided 10/01/2009
- Published 10/01/2009
Judges
Court
- United States Federal Circuit