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Author Archive | Michael Rikon

January 18, 2013

Eminent Domain Abuse in Jefferson County, Tennessee- Taking Private Property for Private Use?

Jefferson County appears to be putting the cart before the horse. Last Thursday, the Jefferson County Chamber of Commerce threw a big party to celebrate an industrial megasite proposed to built near the junction of Interstate 40 and Insterstate 41, according to Examiner.com. The party celebrated “a megasite that isn’t built or certified on land that has not been legally or rightfully purchased” and “toast[ed] jobs that have not been produced by companies that have no agreed to come to the un-built industrial megasite that isn’t  certified on land that belongs to dozens of private… read more

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Posted in Eminent Domain, Eminent Domain Abuse
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January 11, 2013

The Government’s Power to Seize Your… Mortgage?

Many of you have probably been following the eminent domain mortgage seizure program proposed in San Bernardino County recently. If not, read more here. Mortgage Resolution Partners has proposed that the City use eminent domain to seize underwater mortgages. According to the San Berndardino Sun, “the loans would then be modified to current market value so people could afford their monthly mortgage payments and establish equity. The loans would then be sold to hedge funds, pension funds or other investors, with the proceeds being used to pay off outside financiers,… read more

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Posted in Eminent Domain, Future of the law, Loan crisis, Mortgage seizures
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The Law of Trade Fixtures in New York State

It is well known that “an appropriation of land … is an appropriation of all that is annexed to the land, whether classified as buildings or as fixtures …” and that “[t]he value of the fixtures ought, therefore, [be] considered in estimating the total value of the property appropriate by the State.” Jackson v. State of New York, 213 N.Y. 34, 36 (1914). The so-called “trade fixture rule” holds that a claimant is entitled to compensation for trade fixtures it has a right under its lease to remove, but chooses… read more

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Posted in New York, Trade fixtures
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Welcome to our blog

Hello and welcome to our page! Goldstein, Rikon, Rikon &  Houghton, P.C. is one of the nation’s leading law firms whose practice is solely devoted to the practice of eminent domain law. We are excited to share our knowledge and expertise through this new forum, and look forward to discussing relevant and topical developments in this area of the law with you!

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