The payment of “just compensation” for the taking of private property includes more than merely writing a check to the property owner after a jury determines the current fair market value of the taking. A property owner is entitled to interest on the award of condemnation as well.
Over the last year, the Federal Reserve has raised its federal funds rate multiple times. In California and Nevada, the interest rate is calculated in very different manners and the increase in the federal funds rate has differing impacts.
In California, a property owner is entitled to interest ...
According to an article in the Mercury News, Fremont may use eminent domain process to buy land needed for proposed downtown, the City of Fremont's City Council will be holding a public hearing on Tuesday to consider the adoption of a resolution of necessity to acquire a property for the Capitol Avenue Extension Project. The impacted property is located at 39138 Fremont Blvd., and it consists of 65,150 square feet of land improved with a three-story building.
The Mercury News article indicates that the staff report supporting the adoption of the resolution of necessity provides ...
Yes! And two separate groups recently learned this fact the hard way. On April 17, the Eastern District of California issued two separate decisions dismissing two separate inverse condemnation claims with prejudice because the plaintiffs did not have an independent property interest in the subject property. In Abarca v. Merck & Co. (E.D. Cal. Apr. 17, 2012) Case No. 1:07-cv-0388, a group of minor plaintiffs and a group of non-owner landscape plaintiffs filed an action against the County of Merced, the Merced Irrigation District, and Merced Drainage District ...
Last year I saw Win Win, a movie starring Paul Giamatti, Amy Ryan and Jeffrey Tambor. The movie, besides receiving critical acclaim, had two hooks for me. One, the protagonist in the movie is an attorney. I am a sucker for almost any lawyer movie. (I still say My Cousin Vinny is one of the best 50 movies of the past 50 years.) And two, the movie included wrestling. No, not the Hulk Hogan and Macho Man Randy Savage stuff. I mean the real folkstyle wrestling that occurs every 4 years at the Olympics and at the collegiate level.
My dad was a college wrestler, which is probably why ...
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