Real Property
Eminent Domain
Business Goodwill
People of the State of California v. Valley Development LLC
Published: Aug. 11, 2011 | Result Date: Nov. 15, 2010 |Case number: BC383603 Verdict – Plaintiff
Facts
The State of California, through its Dept. of Transportation, brought an eminent domain action against Nichols Lumber and Hardware Co.
Contentions
PLAINTIFF'S CONTENTIONS:
The State contended that the condemnation did not result in loss of business goodwill.
DEFENDANT'S CONTENTIONS:
Nichols Lumber alleged it suffered a loss of business goodwill as a result of the condemnation of property being used for offsite storage and parking.
Damages
Nichols Lumber sought $1.2 million in damages for loss of goodwill.
Result
The jury found in favor of the State.
Deliberation
four hours
Poll
11-0
Length
five days
#127578
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