Nonprofit May Recover Goodwill Lost in Condemnation Proceeding
California Court says recovery may be measured by lost revenue following relocation of program
An appellate court in California has reversed a trial court decision denying recovery of goodwill lost by a performing arts nonprofit following condemnation of its building for a highway project. The Court has said that once a loss of goodwill has been shown, its quantification may be measured by a variety of methods.
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