Legal Opinion
United States v. Winstar Corp.
Supreme Court of the United States
Decided July 1, 1996No. 95-865PublishedCited by 900 opinions
1Judgment of the CourtJustice Souter
The issue in this case is the enforceability of contracts between the Government and participants in a regulated industry, to accord them particular regulatory treatment in exchange for their assumption of liabilities that threatened to produce claims against the Government as insurer. Although Congress subsequently changed the relevant law, and thereby barred the Government from specifically honoring its agreements, we hold that the terms assigning the risk of regulatory change to the Government are enforceable, and that the Government is therefore liable in damages for breach.
*844hH
We said in…
2Cases cited86 opinions
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- Hurtado v. CaliforniaSupreme Court of the United States · 1884
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3Cited by900 opinions
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