City of Atlantic City v. Cynwyd Investments

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that for condemnation purposes a 99-year lessee would not be considered a defacto owner because the time restraints in condemnation actions would make interpreting each lease agreement to discover the correct \owner\ difficult
• explaining that the rights for a long-term leaseholder in a taking can “depend on the contract”
• explaining that the rights for a long-term leaseholder in a taking can \depend on the contract\
• commenting that purpose of statutorily-required negotiations is to encourage settlements and voluntary acquisition of property allowing condemnor and condemnee to avoid expense and delay of litigation
• recognizing interest of a ninety-nine-year tenant and its subtenant, whose rental and financial obligations under the lease were affected by the acquisition price, to participate in a condemnation trial
• stating that “[g]overnment budgets are prepared on an annual cash basis”

Source: CourtListener parenthetical corpus (CC0).