Sgb Financial Services, Inc., Doing Business as Timber Ridge Apartments v. Consolidated City of Indianapolis-Marion County, Indiana
Court of Appeals for the Seventh Circuit
1Opinion of the Court
EASTERBROOK, Circuit Judge.
Indianapolis put the Timber Ridge Apartments on its “acquisition list” of properties that the city plans to acquire (by negotiation or condemnation) eventually. SGB Financial Services, which owns the 26 buildings in the Timber Ridge complex, asked Indianapolis either to disclaim any interest in acquiring the property or to complete the transaction swiftly; when the city failed to do either, SGB brought this suit under 42 U.S.C. § 1983, contending that the city had accomplished a taking just by listing the apartments. SGB offered to prove that it had become unable to…
2Cases cited10 opinions
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