LexisNexis® Legal Newsroom
Property Tax Gaffe: Purchase Price Equated With Market Value

Three recent Supreme Court of Ohio property tax decisions purport to examine the propriety of using the purchase price of a particular property as prima facie evidence of market value for property tax assessment purposes. In each case, the Court decided that the purchase price was equivalent...

Hudson Landing Pilot Sues Over California Real Estate Deal

DANVILLE, Calif. - (AP) The pilot acclaimed for safely landing a plane in New York's Hudson River has filed a lawsuit over a real estate deal in Northern California. Chesley Sullenberger and his wife, Lorraine, claim the $935,000 they paid for a building in the city of Paradise in 2002 was well above...

Fitch, Even, Tabin & Flannery LLP: Federal Circuit Endorses Copyright Damages Based on Fair Market Value

By Alison Aubry Richards In Gaylord v. United States , decided on May 14, 2012, the U.S. Court of Appeals for the Federal Circuit issued a significant ruling relating to the determination of copyright damages. The court held that determination of the market value of the infringing use of a copyright...

Matthew Bender Valuation Handbook

Valuation Handbook , a one-volume treatise, is intended for estate and tax lawyers faced with computing the value of a decedent's estate for federal estate tax purposes and for corporate and other commercial attorneys who handle the sale and purchase of assets lacking a clear market value. The book...