SCOTUSBlog has the scoop.
The most interesting case is Kelo v. New London, No. 04-108, which considers whether the Takings Clause allows governments to take real property under its power of eminent domain for economic development purposes. The case was brought to the Court by the Institute for Justice, and our own former co-blogger Sasha Volokh had some involvement in this case at the trial stage. The Connecticut Supreme Court’s opinion in the case is available here.