Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
Elpa Builders, Inc. v. State NYLJ 7/16/21, p. 24, col. 3 AppDiv, Second Dept. (memorandum opinion)
In an action to recover damages for a partial taking of property, landowner appealed from a Court of Claims judgment awarding the state $18,540, the difference between the state's advance payment and the damages assessed after trial. The Appellate Division affirmed, holding that the Court of Claims judgment was supported by evidence, and that the statute permitting the state to recover the balance was constitutional.
Landowner owned a 53,465 square foot parcel with frontage on two major arteries. The state appropriated two roadside strips, totaling 3,112 square feet to construct a public greenway. The state offered, and landowner accepted an advance payment of $302,460 pursuant to an agreement providing that if the claimant elected to challenge the compensation in the Court of Claims, the state would be entitled to the difference between the advance payment and the compensation determined by the court. Section 304(H) of the Eminent Domain Procedure Law authorizes such agreements. After accepting the advance payment, landowner sought $2 million in compensation from the Court of Claims, and the court found that landowner was entitled to $283,920. The court then awarded the difference to the state, prompting this appeal.
ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN ENTERTAINMENT LAW.
Already a have an account? Sign In Now Log In Now
For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473
In June 2024, the First Department decided Huguenot LLC v. Megalith Capital Group Fund I, L.P., which resolved a question of liability for a group of condominium apartment buyers and in so doing, touched on a wide range of issues about how contracts can obligate purchasers of real property.
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
Latham & Watkins helped the largest U.S. commercial real estate research company prevail in a breach-of-contract dispute in District of Columbia federal court.
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.