Helping Successfully Settle a Complex Valuation Dispute
We represented Northridge Properties, LLC as lead counsel in an eminent domain action filed by Caltrans as part of its I-5 widening project (The People of the State of California, acting by and through the Department of Transportation v. Northridge Properties, LLC, et al.).
The action involved property located in Burbank, California and included numerous valuation issues surrounding Caltrans’ partial acquisition of the multi-acre property.
Caltrans offered Northridge Properties, LLC less than $1.8 million prior to commencing eminent domain proceedings. After expert discovery concluded, our attorneys negotiated a favorable settlement with Caltrans agreeing to pay $4.5 million.