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Five Million Dollar Recovery Reported In Trial Briefs Magazine

The April 2018 Edition of Trial Briefs Magazine featured the following story on a recent litigation victory by our lawyers:

“In December of 2017, B. Joan Davis and Robby Jessup [of RDU Injury Law] obtained a $5.2 Million Dollar recovery for a condemnation client whose property was impacted by the Peace Street Bridge Project in downtown Raleigh.

In November of 2016, the NCDOT filed a condemnation action against the subject property to take approximately 0.22 acres of a 0.75 acre tract.  The action further imposed control of access across most of the remaining tract.

The NCDOT originally estimated the entire property to be worth $3,255,500 and deposited $1,227,900 with the Wake County Superior Court, which the NCDOT estimated to be just compensation for the portion of the property taken.

Subsequently, after having the property privately appraised and utilizing a traffic engineer to evaluate future access to the property, the NCDOT settled the condemnation case for $2,300,000.

During the pendency of the litigation, Ms. Davis and Mr. Jessup assisted their client in negotiating a sale of the remnant piece of the subject property for $2,905,375.

Accordingly, the landowner received a total recovery of $5,205,375 for their 0.75 acre tract of land.”

 

Robby JessupFive Million Dollar Recovery Reported In Trial Briefs Magazine