September 15th, 2011 — By — In News & Events

New York eminent domain attorney Michael Rikon will present a condemnation case study at international conference in Beijing

Condemnation attorney, Michael Rikon, the New York member of Owners’ Counsel, has been invited to speak at the 7th International Conference on the Valuation of Plant Machinery and Equipment (ICVPME) in Beijing, China September 19-21, 2011.

Mr. Rikon will present a paper entitled “Case Study of Condemnation of Machinery and Equipment.” The paper explains how American courts treat compensation for plant machinery and equipment-or trade fixtures-that have been condemned.

The term trade fixtures in the law of eminent domain includes machinery, fixtures, equipment, and improvements made to a property for business purposes. Michael Rikon’s paper also addresses the judicial treatment that countries outside the United States apply to similar activities.

The 7th ICVPME Conference is sponsored by the China Appraisal Society, the American Society of Appraisers, Australian Property Institute, and Royal Institute of Chartered Surveyors. The conference features valuation experts from across the globe. Mr. Rikon has practiced eminent domain law for 42 years and has tried several hundred trade fixture claims to judgment in New York courts. For further information on the conference, visit the official website at www.icvpme.org.

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