Our team recently obtained a settlement worth over $5,250,000 in an eminent domain case. PennDOT, the condemnor, originally claimed the property was worth $1,811,000. Untimely, we were able to settle for a value of $4,500,000 plus interest in the amount of about $7,500,000. The property was an industrial property located in Philadelphia. We were able to settle the case before a board of view hearing thereby minimizing the attorney's fees.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.
