Is “just compensation” always fair market value? The Takings Clause requires compensation when private property is taken for ...

The Pung family got a mixed result. The Supreme Court ruled the auction price is the baseline for compensation but sent the fairness question back to the lower court.

A Michigan tax foreclosure case will decide whether homeowners get only the cash left after auction or compensation for the equity that was erased by a forced sale.

The justices said the Pung family is only owed the surplus proceeds of the tax sale of their former home in Isabella County ...