1994
Commonwealth Transp. Comm’r v. Miners Exch. Bank
Virginia Circuit Court
33 Va. Cir. 261
Commissioner’s highway improvements took away Bank’s two direct entryways, and left Bank with one indirect access from a dead-end service road. At trial for just compensation, Commissioner’s expert’s opinion as to damages was $64,133. Bank’s expert testified compensation was $700,000. Commissioners awarded $425,000. Court did not find award excessive. The award did not exceed the evidence. Further, the complete extinguishment of direct access was compensable.
Summary prepared by Judge Jonathan Apgar, 23rd Judicial Circuit in Virginia, for the William & Mary Property Rights Project, Marshall-Wythe School of Law, William & Mary ©2019.
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