Summary
The Texas Court of Appeals reversed an award of damages in this takings case because lost profits were duplicative of the market value of the property when valued using an income approach method. The City had taken the business’ liquor license and the val ...
City of SAn Antonio v. El Dorado Amusement Co., Inc.
PDF, Size: 51 KB
See Also
Value of Taken Liquor License Determined Using Before-and-After Method
The Texas Court of Appeals reversed an award of damages in this takings case because lost profits were duplicative of the market value of the property when valued using an income approach method.