Value of Taken Liquor License Determined Using Before-and-After Method

Business Valuation Update BVLaw
Legal and Court Case Update
February 15, 2006
5813 Drinking Places (Alcoholic Beverages)
722410 Drinking Places (Alcoholic Beverages)
condemnation

City of San Antonio v. El Dorado Amusement Co., Inc.
No. 04-04-00638-CV (Tex. App. 2006)
US
State Court
Texas
Court of Appeals
Gene Trevino <br>
Marion

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.

See Also

City of San Antonio v. El Dorado Amusement Co., Inc.

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 ...