Value of Goodwill Lost Through Condemnation Is Supported by Evidence of Increased Costs

Business Valuation UpdateVol. 10 No. 8
Legal and Court Case Update
August 2004

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5148 Fresh Fruits and Vegetables
424480 Fresh Fruit and Vegetable Merchant Wholesalers
condemnation
The Redevelopment Agency of the City of San Diego v. San Diego Specialty Produce, Inc.
Cal. App. Unpub. LEXIS 2222
March 10, 2004
US
State Court
California
Court of Appeals
Thomas E. Pastore (for SDSP) <br> Aaron Amster (for Agency) <br> William B. Anderson, real estate appraiser (for Agency) <br> Jonathan Segal, architect (for Agency)
McIntyre

Summary

The issue in this condemnation case was the decrease in goodwill value caused by the eminent domain action of the Redevelopment Agency of the city of San Diego (the Agency).

See Also

The Redevelopment Agency of the City of San Diego v. San Diego Specialty Produce, Inc.

Full Text of Court Cases
March 10, 2004

Court affirms company's claim for loss of goodwill and claim that value of subleasing unused space should reduce the judgement since it was not reasonable to do so.