Supporters of property owner’s rights would consider this a win for property owner’s in America. The “chilling effect” to which Mr. Ferrin refers just might be a “wake-up call” to Governments who attempt to abuse eminent domain.
A judge has ordered the Jacksonville Port Authority to pay $10.5 million to lawyers who defended Keystone Coal Co. during the port’s unsuccessful effort to acquire property in a condemnation lawsuit.
Port Authority Executive Director Rick Ferrin said today in a statement the port will appeal the decision. He said the amount is excessive and will have a “chilling effect” on government entities using condemnation.
Filed under: Jacksonville, Jacksonville Port Authority, JPA, Keystone Coal Company, Property Rights, Rick Ferrin
