Fifth Circuit -- Dennis Melancon, et al v. City of New Orleans, et

Freely revocable taxi licenses are not a cognizable property interest under Louisiana law, despite the existence of a secondary market.

Licensing by the city or the state is not the extension of a contractual offer. Hence, no impairment of contract by subsequent modification of regulatory scheme.

Taxi upgrade ordinances do not present irreparable injury sufficient for an injunction.

Dennis Melancon, et al v. City of New Orleans, et