Legal Opinion
In re the City of New York
New York Court of Appeals
Decided October 10, 1968PublishedCited by 8 opinions
1Opinion of the CourtBurke, J.
This appeal presents for review a second time a portion of the condemnation awards for the Fifth Avenue Coach Lines, Inc., and Surface Transit, Inc., the nation’s two largest privately owned municipal transit systems. Since the condemnation in 1962, eight opinions have been written in an attempt to properly value the tangible and intangible going concern assets of these enterprises. The value of the tangible assets—$30,353,542 — has been confirmed. (Matter of City of New York [Fifth Ave. Coach Lines], 18 N Y 2d 212.) The valuation of the intangibles, necessitated by the continued use in…
2Cases cited10 opinions
- Kimball Laundry Co. v. United StatesSupreme Court of the United States · 1949
- McCardle v. Indianapolis Water Co.Supreme Court of the United States · 1926
- Banner Milling Co. v. State of New YorkNew York Court of Appeals · 1925
- Columbus Gas & Fuel Co. v. Public Util. Comm'n of OhioSupreme Court of the United States · 1934
- City of Los Angeles v. Los Angeles Gas & Electric Corp.Supreme Court of the United States · 1919
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3Cited by8 opinions
- In re the Estate of RothkoNew York Court of Appeals · 1977
- In re HofbauerNew York Court of Appeals · 1979
- Rose City Transit Co. v. City of PortlandCourt of Appeals of Oregon · 1974
- Gray Line Bus Co. v. Greater Bridgeport Transit DistrictSupreme Court of Connecticut · 1982
- Lanneau v. Capital Transportation CorporationLouisiana Court of Appeal · 1974
3 more not listed; retrieve them via the Exa API.