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City of Long Branch v. Estate of James "Jimmy" Liu

Date: 03-11-2006

Case Number: Unknown

Judge: Robert A. Coogan

Court: Superior Court, Monmouth County, New Jersey

Plaintiff's Attorney:

Paul V. Fernicola of Bowe and Fernicola, Red Bank, New Jersey

Defendant's Attorney:

Peter H. Wegener of Bathgate, Wegener and Wolf in Lakewood,
New Jersey

Description:

City of Long Branch sued the Estate of James "Jimmy" Liu on an
eminent domain theory to condemn Defendant's 1 1/4 acre
beach front property for public use. Liu, a well known
business man owned and operated a number of businesses
over the decades before his death in 2002. He claimed that
his property had a fair market value of $2.5 to $2.8 million. The
property located east of the boardwalk and south of Ocean Place Resort and
Spa, between Franklin and Melrose terraces was taken to be made a part of
the Pier Village project.

The City asserted that the property was only worth $1 million.

Outcome:
Defendant's verdict for $1.45 million.
Plaintiff's Experts:
Unknown
Defendant's Experts:
Unknown
Comments:
None

About This Case

What was the outcome of City of Long Branch v. Estate of James "Jimmy" Liu?

The outcome was: Defendant's verdict for $1.45 million.

Which court heard City of Long Branch v. Estate of James "Jimmy" Liu?

This case was heard in Superior Court, Monmouth County, New Jersey, NJ. The presiding judge was Robert A. Coogan.

Who were the attorneys in City of Long Branch v. Estate of James "Jimmy" Liu?

Plaintiff's attorney: Paul V. Fernicola of Bowe and Fernicola, Red Bank, New Jersey. Defendant's attorney: Peter H. Wegener of Bathgate, Wegener and Wolf in Lakewood, New Jersey.

When was City of Long Branch v. Estate of James "Jimmy" Liu decided?

This case was decided on March 11, 2006.