Owner paid $800,000 for Ohio River land, loses floodplain compensation appeal

A Kentucky landowner faced a setback as the state's Court of Appeals upheld a dismissal of his compensation claim related to floodplain regulations. Since he did not apply for necessary variances or receive final decisions on development, the court's affirmation of the lower court's ruling complicates his plans. However, the ruling leaves room for potential future claims if proper administrative steps are taken.