South Tahoe Redevelopment Agency v. Lon S. Dorsey, Jean Stringer, James C. Kloman, Ann Louise Ryan, deceased, Jerry C. Surkamp, Joyce Sutkamp Friedman, Andrea R. Bailey, Beth Routledge West, Harrison M. Stacy, Vincet B. Ryan, Edward McCarthy, Deborah Simpson, Conocophilllips Co., a Delaware corporation, Robert Daly, dba Discount Ski and Snowboards,
Published: Mar. 22, 2008 | Result Date: Dec. 6, 2007 | Filing Date: Jan. 1, 1900 |Case number: SC20060183 Verdict – Defense
Court
El Dorado Superior
Attorneys
Plaintiff
Stacey N. Sheston
(Best, Best & Krieger LLP)
Defendant
Experts
Plaintiff
Daniel B. Oaks
(technical)
Stephen R. Johnson
(technical)
Defendant
John Nicolaou
(technical)
John T. Nicolaou
(technical)
Facts
Plaintiff South Tahoe Redevelopment Agency wanted to construct a convention center and commercial condominiums on 10,854 square feet of commercial property in South Lake Tahoe. In September 2006, plaintiff brought a condemnation action against defendant property owners Lon Dorsey, Jean Stringer, James Kloman, Ann Ryan, Jerry Sutkamp, Joyce Friedman, Andrea Bailey, Beth West, Harrison Stacey, Vincent Ryan, Edward McCarthy, Deborah Simpson, Conocophillips Co., Robert Daly, Sierra Nevada Realty Inc., William Mullin, Paradise Timeshare Resale Inc., and McP's Pub Tahoe Inc. Plaintiff settled with defendants McCarthy, Simpson, Conocophillips, Daly, Sierra Nevada Realty, Mullin, Paradise Timeshare Resale, and McP's Pub prior to trial.
Contentions
PLAINTIFF'S CONTENTIONS:
The plaintiff contended its appraisers properly valued the property at $2.5 million.
DEFENDANTS' CONTENTIONS:
The defendants contended the fair market value was $3.7 million according to their real estate expert.
Result
The jury awarded defendants $3.2 million.
Deliberation
three hours
Poll
10-2
Length
five days
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