The US Supreme Court today issued its latest pronouncement on regulatory takings, Murr et. al, v. Wisconsin, et al. Justice Kennedy wrote for the Court, joined by Justices Ginsburg, Breyer, Sotomayor and Kagan. The issue was whether two adjacent lots that had “merged” in common ownership by operation of state law, should be considered individually, or as a single parcel, for purposes of determining whether the inability to develop the lots separately resulted in a taking.