106 North Walnut, LLC v. 106 North Walnut, LLC

OPINION OF THE COURT

FISHER, Circuit Judge.

106 North Walnut, LLC (“Debtor”) appeals from an order of the U.S. District Court for the District of New Jersey reversing the Bankruptcy Court’s determination that the demolition of a building on Debtor’s property did not constitute inverse condemnation. For the reasons stated below, we will reverse the order of the District Court and reinstate the order of the Bankruptcy Court.

I

We write exclusively for the parties, who are familiar with the factual context and legal history of this case. Therefore, we will set forth only those facts necessary to our…