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LATURNER v. U.S.

2018-1509 2018-1510.

933 F.3d 1354 (2019)

Jake LATURNER, Treasurer of the State of Kansas, Andrea Lea, in Her Official Capacity as Auditor of the State of Arkansas, Plaintiffs-Appellees v. UNITED STATES, Defendant-Appellant.

United States Court of Appeals, Federal Circuit.

Decided: August 13, 2019.

Attorney(s) appearing for the Case

David Charles Frederick , Kellogg, Huber, Hansen, Todd, Evans & Figel, PLLC, Washington, DC, argued for all plaintiffs-appellees. Plaintiff-appellee Jake LaTurner also represented by Scott H. Angstreich , Katherine Cooper , Benjamin Softness ; Jonathan Brett Milbourn , Horn Aylward & Bandy, LLC, Kansas City, MO.

David Thompson , Cooper & Kirk, PLLC, Washington, DC, for plaintiff-appellee Andrea Lea. Also represented by John David Ohlendorf , Peter A. Patterson ; Joseph H. Meltzer , Melissa L. Troutner , Kessler Topaz Meltzer & Check, LLP, Radnor, PA.

Alisa Beth Klein , Appellate Staff, Civil Division, United States Department of Justice, Washington, DC, argued for defendant-appellant. Also represented by Mark B. Stern , Joseph H. Hunt .

George W. Neville , Office of the Mississippi Attorney General, Jackson, MS, for amici curiae State of Florida, State of Mississippi, State of Georgia, State of Indiana, State of Iowa, Commonwealth of Kentucky, State of Louisiana, Commonwealth of Pennsylvania, State of Ohio, State of South Carolina, State of Rhode Island, State of South Dakota.

Before Dyk, Chen, and Hughes, Circuit Judges.

During the Great Depression, President Franklin D. Roosevelt signed legislation allowing the U.S. Department of Treasury ("Treasury") to issue savings bonds, a type of debt security designed to be affordable and attractive to even the inexperienced investor. Under longstanding federal law, savings bonds never expire and may be...

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