ARTICLE
3 October 2016

$5,250,000 Settlement

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Fox Rothschild LLP

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Our team recently obtained a settlement worth over $5,250,000 in an eminent domain case. PennDOT, the condemnor, originally claimed the property was worth $1,811,000.
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Our team recently obtained a settlement worth over $5,250,000 in an eminent domain case. PennDOT, the condemnor, originally claimed the property was worth $1,811,000. Untimely, we were able to settle for a value of $4,500,000 plus interest in the amount of about $7,500,000. The property was an industrial property located in Philadelphia. We were able to settle the case before a board of view hearing thereby minimizing the attorney's fees.

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