Appellate Victory for New Orleans Landowners in Determining Just Compensation Following Expropriation
Posted on Jul 12, 2013 in News & Events
Last month, a Louisiana appellate court upheld the 2012 decision of an Orleans Parish jury awarding $9,566,640 million in just compensation to the owners of the former Grand Palace Hotel building at 1732 Canal St. in New Orleans. The jury’s verdict represented more than double the $4.5 million value the state assigned to the property.
New Orleans Eminent Domain Attorney Secures More Than $9 Million Just Compensation for Private Property in Hospital Project Footprint
Posted on May 11, 2012 in News & Events
Randall A. Smith, the Louisiana Member of Owners’ Counsel, recently secured a jury verdict of $9,566,640 as just compensation for the expropriation of property owned at 1732 Canal Street in downtown New Orleans. The verdict awards the property owner more than double the $4.5 million originally paid by the state of Louisiana when it took the property using the power of eminent domain in 2010.