An attorney from our firm represented a property owner facing the threat of eminent domain by a pipeline company. The pipeline company offered a settlement of $100,000 to place the pipeline beneath the surface in our client’s property. The attorney was able to settle the matter with revised language which restricted the pipeline to the following conditions:
- A single pipeline
- Restricted access language
- Revised construction design
- Allocation of funds to reduce tax implications
Our eminent domain team was able to settle the matter with the pipeline company for $2,193,000.