Wheelabrator Bridgeport, L.P. v. City of Bridgeport

BVLaw
Full Text of Court Cases
February 2, 2016

Access the Full Article

This article and its downloads are available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (22,801 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
4911 Electric Services
221122 Electric Power Distribution
state taxation (incl. ad valorem)
cost approach, expert testimony, income approach, discounted cash flow (DCF), valuation methods, replacement cost method, property tax, tax assessment
Wheelabrator Bridgeport, L.P. v. City of Bridgeport
2016 Conn. LEXIS 16
US
State Court
Connecticut
Supreme Court
Alexander L. Hazen, Joseph Kettell (owner/plaintiff); Mark Pomykacz (city/defendant)
Zarella

Summary

State high court says trial court’s categorical rejection of DCF method to value a special purpose plant for tax assessment purposes is improper where parties’ “experienced and knowledgeable” experts relied on it; court remands for new trial on valuation.
Wheelabrator Bridgeport, L.P. v. City of Bridgeport
PDF, Size: 191 KB

See Also

Highest Court Rebukes Trial Court Over Flat-Out Bar of DCF Approach

Legal and Court Case Update
May 2016

State high court says trial court’s categorical rejection of DCF method to value a special purpose plant for tax assessment purposes is improper where parties’ “experienced and knowledgeable” experts relied on it; court remands for new trial on valuation.