Publication Topics Archives: Just compensation

Condemnation of Machinery and Equipment

By Michael Rikon

September 2011

In this article, Michael Rikon provides a broad overview of what eminent domain is and what it means for property owners who operate machinery on the premises. He surveys New York law, which provides a liberal definition of what constitutes a compensable trade fixture, and also examines how machinery would be treated in various other states in the U.S.

Read Article »

Read more >

A Partial Taking: Major Damages to Remainder Are Not Automatic

By M. Robert Goldstein & Michael Rikon

December 24, 2008

When the condemnor undertakes a partial taking, damages are generally computed by determining the fair market value of the property before the taking as compared to the fair market value after the taking. However, remainder damages may be awarded when a partial taking causes a consequential loss to the remaining property. This article explains the appraisal process applicable to such a case.

Read more >