McKesson Corp. v. Iran
At issue is the relevance of expert testimony and the reimbursement of witness costs.
Costs Payable for Experienced Appraiser
The fair market value of Sherkat Sahami Labaniat Pasteurize Pak, an Iranian dairy company, was the primary issue at trial.
Snyder Plaza Properties, Inc. v. Adams Outdoor Advertising, Inc.
The Supreme Court affirmed the valuation of four billboard's leasehold interests in condemned property. It valued the leasehold interests using the capitalization of earnings method, and considered possible lease renewals. It rejected the comparable sal ...
Condemned Billboards Valued Using an Income Approach
The Supreme Court affirmed the valuation of four billboards' leasehold interests in condemned property.
National Advertising Company v. State of Nevada, Department of Transportation
The Nevada Supreme Court concluded that the advertising company could recover income generated by a billboard when it has been condemned and cannot be relocated. The court noted that the income capitalization method (gross income multiplier) and the compa ...
Lost Future Income Considered in Billboard Condemnation
The Nevada Supreme Court concluded that the advertising company could recover income a billboard generated when it has been condemned and cannot be relocated.
HC Gun & Knife Shows, Inc. et.al. v. City of Houston
The Fifth Circuit affirmed the district court's determination of HC's damages stemming from the City of Houston's illegal ordinance. The City claimed that because the district court denied it access to all HC's financial records it could not properly cal ...
Financial Records Limited in Discovery
The 5th Circuit affirmed the district court's determination of HC's damages stemming from the City of Houston's illegal ordinance.
City of Harlingen v. Sharboneau
At issue is the fair market value of 9.85 acres of five separate, adjacent parcels, and the admissibility of testimony by the appellee's expert.
Vivid Inc. v. Wisconsin Department of Transportation
State argues that the market approach using the gross income multiplier to value the condemnation of outdoor advertising signs is an invalid valuation method as a matter of law because noncompensable business profits are inextricably intertwined with the valuation.
Nancy Jean Davis, et al. v. South Florida Water Management District, et al.
The Florida Court of Appeals, Fourth District affirmed the lower court's valuation of property condemned for Everglades restoration. It permitted the Water District expert's testimony even though he was not a licensed real estate appraiser, because he ha ...
Experts’ Qualification and Valuation Methodology Questioned
The Florida Court of Appeals, 4th District, affirmed the lower court's valuation of property condemned for Everglades restoration.
Vivid, Inc. v. Wisconsin Department of Transportation
The Supreme Court valued determined the just compensation due from the WDOT for the condemnation of billboards. It approved of the use of the gross income multiplier (GIM) method in this case because the profits were derived from the property's use were ...
Vivid, Inc. v. Fiedler
Issue was the proper method of valuation in condemnation proceedings.
Gross Income Multiplier Method Approved for Valuing Condemned Billboards
The Supreme Court determined the just compensation due from the WDOT for the condemnation of billboards.
Stow Municipal Electric Department v. Department of Public Utilities
The Massachusetts Supreme Court affirmed the lower court's valuation of a utility's proper which was taken by the city. The lower court valued the property using a weighted combination of the reproduction cost less depreciation (50%) and original cost les ...
Two Valuation Approaches Found Reasonable for Valuing Individual Billboards
The Wisconsin Court of Appeals affirmed the lower court's valuation of two billboards using an income approach in this inverse condemnation case.
Vivid, Inc. v. Wisconsin Department of Transportation
The Wisconsin Court of Appeals affirmed the lower court's valuation of two billboards using an income approach in this inverse condemnation case. The billboards could not be relocated. The Court that the valuation used by the lower court, the cross inco ...
Court Upholds Water Utility
The Water District exercised its power of eminent domain on Jan. 22, 1993, paying $262,000 for the Water Company's assets.
Rangeley Water Company v. Rangeley Water District
At issue is the referee's valuation of the assets of the Water Company and his inclusion of the Lakehause water line as a Water Company asset.
M.I.C. Ltd. v Commissioner
The Tax Court determined that none of the price paid for the city’s threatened condemnation of property operated as a multipurpose adult entertainment complex was attributable to goodwill or going-concern value. In so doing, the Tax Court made its own determination of the fair market value of the real estate.
Tax Court Determines That Gain on Sale of Property to the City Is All Related to the Property and Therefore Is Deferred Under IRC Sec. 1033
The Tax Court determined that none of the price paid for the city’s threatened condemnation of property operated as a multipurpose adult entertainment complex was attributable to goodwill or going-concern value. In so doing, the Tax Court made its own determination of the fair market value of the real estate.