Davis Wetlands Bank, LLC v. United States
United States Court of Federal Claims
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
BRADEN, Judge.
I. RELEVANT FACTUAL BACKGROUND. 1
On November 4, 1998, Davis Wetlands Bank, LLC (“the Bank”), the United States Army Corps of Engineers (“the Army Corps”), the United States Fish & Wildlife Service (“USFWS”), and the Virginia Department of Environmental Quality (“VDEQ”), established a wetlands mitigation bank, 2 pursuant to an Umbrella Memorandum of Agreement (“Umbrella Agreement”). Compl. ¶¶ 1, 19, Ex. B. The Umbrella Agreement “establish[ed] general provisions for the design, development, construction, use and monitoring of a compensatory wetland…
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