El Dorado Land Company, L.P. v. City of McKinney

The issue in this inverse condemnation lawsuit is whether a reversionary interest, consisting of the grantor’s right to purchase real property on the occurrence of a future event, is a sufficient property interest to support an inverse condemnation claim. The trial court concluded it was not and dismissed the case. The court of appeals affirmed the trial court’s judgment, holding that the grantor’s retained right was not a compensable property interest under the Takings Clause of the Texas Constitution. 349 S.W.3d 215, 216, 218 (Tex.App.-Dallas 2011) (citing TEX. CONST, art I, § 17). Because…