Lost Profits Award Based on Value of Business
The California Court of Appeal, 4th District, upheld a jury’s award of lost profits to Maingate after Zaby’s breached the property lease intended for hotel development.
Clarkston & Co. v. Harding County
The Supreme Court of South Dakota affirmed the circuit court's decision to reduce the value of real property for property tax purposes. The reduction was for oil production occurring on the subject cattle and sheep ranch. The taxpayer testified that the ...
Oil Production on Agricultural Land May Reduce Value
The Supreme Court of South Dakota affirmed the circuit court's decision to reduce the value of real property for property tax purposes.