Who We Represent – Industrial
Industrial companies can easily be affected by eminent domain proceedings. If the government or another entity decides to take your land and other property through the power of eminent domain, you want to know that your rights are not being violated. We represent industrial companies to ensure they are treated fairly and in accordance with the law.
In an eminent domain situation, you may not have any recourse to prevent your property from being taken as long as it is for public use. However, as the Fifth Amendment states, you should be compensated for the fair market value of the property. It is our job to represent you and ensure the compensation you receive is fair and just for the loss of your property.
In addition, you may suffer other losses as the result of eminent domain. You must move your business to a new location. For industrial companies, this is not an easy or inexpensive task. Large amounts of machinery and equipment must be moved, which can be costly. In addition, your business may be shut down as you work to start up in a new location.
Even if the government only takes part of the property, it may result in a reduced value for the rest of your property. You may also have severance damages for the loss of access or damage incurred to other parts of the land.
Eminent domain is a complex area of the law that has changed over the years with a broader interpretation of the law. New regulations are put in place, which may cause a hardship for an industrial business. We will fight for your rights as a property owner and as an industrial business to ensure fair treatment and maximum compensation for your unique situation.