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Keystone Wins $67M Eminent Domain Case

JACKSONVILLE, FL-Company's lawyers call the award the largest of its kind in Florida courts.

By Carl Cronan | Updated on May 09, 2008

(Carl Cronan is editor of Real EstateFlorida.)

JACKSONVILLE-An eminent domain case brought by port officials against Keystone Coal Co. has resulted in a record-setting, $67-million jury award for the property owner. However, lawyers say it’s uncertain how this verdict will impact other similar court cases pending an appeal.

Brigham Moore LLP says the circuit court ruling against the Jacksonville Port Authority concluded at least two years of legal battling, during which the Florida Legislature tightened state eminent domain laws. A key to the case is that one government entity cannot take property from one private enterprise to turn it over to another, according to Keystone counsel.

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