ECON
David H. Lucas vs. South Carolina Coastal Council

David H. Lucas vs. South Carolina Coastal Council - Econ...

Info icon This preview shows page 1. Sign up to view the full content.

Econ 404 5/12/2009 rmf34 David H. Lucas vs. South Carolina Coastal Council Judge(s): Justices, Scalia Court: US Supreme Court (Location, Date): June 1992 Plaintiff: David H. Lucas Case Summary: Lucas bought land plots in 1986 with the plans of developing them into single family homes and selling them. Beachfront management act, made them non- developable, making them essentially valueless. He wanted compensation. Ordered to pay 1.2 million (in trial court).
Image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: SC Supreme Court reversed, saying that the act was to prevent public harm, and no compensation is allowed under the takings clause, regardless of the regulations effect on the properties value. Defense: South Carolina Coastal Council Verdict: He gets compensation. Building houses is not terribly noxious. It’s completely unfair to take land and give 0 in return. Law and Economics Notes:...
View Full Document

  • Fall '07
  • HAY
  • Economics, Supreme Court of the United States, DAVID H. LUCAS

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern