which was published November 15, 2016 in the New York Law Journal.
Michael Rikon presented a paper, “Property Rights as Defined and Protected by International Courts” at the 2015 Brigham-Kanner Property Rights Conference conducted by William and Mary Law School at the International Court of Justice, The Hague, Netherlands, October 21, 2016.
Jonathan Houghton obtained a favorable Corridor Valuation decision from the New York Appellate Division, Second Department.
The decision is titled New York Central Lines v. State, 2016 NY Slip Op 05633 (2d Dep’t, July 27, 2016).
The decision will result in an award that will exceed $67 million dollars. The State argued that the condemnee, CSX Transportation, Inc., was not entitled to any amount of just compensation.
This Second Department decision, along with a prior Second Department decision obtained as a result of this litigation, New York Central Lines v. State, 101 A.D.3d 966 (2d Dep’t 2012), will establish the standards for valuing railroad corridors in New York State.
The Owners’ Counsel of America invited partner Mike Rikon to speak at the 13th Annual Brigham-Kanner Property Rights Conference at The Peace Palace in The Hague, The Netherlands, October 19–21 2016. He will participate on a panel exploring the property rights decisions of international courts.
Michael Rikon will have an article he wrote, “A rose by any other name would smell just as sweet – unless it was inversely condemned; or, was that a De Facto taking?” published in the Practical Real Estate Lawyer in July 2016.