As a service to its alumni and friends, the College of Law is happy to provide free CLE credits during the 2013-2014 academic year as it provides a wonderful opportunity to use the facility and reconnect. While we are able to offer the CLE course to Alumni of the College at no cost, all other attendees will be asked to pay a $20 fee at the door, exact change is required. All attendees are responsible for costs related to parking. For more information on where to park, please see below.
The Upside Down World of Financial Takings
DATE: Tuesday, March 4, 2014
TIME: 12:00 - 1:00pm
College of Law, Auditorium
Approved for 1 CLE credit hour
Modern takings law tends to concentrate on the distinction between physical takings by occupation and regulations of land use. Financial claims fit only uneasily into this two part landscape. The lack of a coherent theory of how financial liens and contract claims should be treated has led to some serious confusion in the area. There are many cases, such as the recent dispute over the private stock holdings in Fannie Mae and Freddie Mac where courts often do not supply enough protection to property interests against confiscation, and other cases, like the pension claims by union workers against the state, where the constitutional protection is too strong. In this lecture Professor Epstein will develop a unified approach to government takings to explain why today's dominant legal approach has it backwards.