City of Bridgeport v. Triple 9 of Broad Street, Inc.

Opinion

BISHOP, J.

In this eminent domain matter, the substitute defendant Republic Credit Corporation I (Republic) appeals, challenging the trial court’s decision denying its postjudgment “motion for determination of claims and priorities.” We reverse the decision of the trial court.

The following facts and procedural history are relevant to our consideration of the issue on appeal. In 1992, the defendant Triple 9 of Broad Street, Inc. (Triple 9), purchased property at 999 Broad Street in downtown Bridgeport at auction from the Federal Deposit Insurance Corporation (FDIC) for $3,250,000.…