Dispute over Value of Property Continues in Court

  • 📰 dallasnews
  • ⏱ Reading Time:
  • 13 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 71%

Legal News

Property,Developer,Dispute

The state and a developer are in a legal battle over the value of a property purchased earlier this year. The state claims the property is worth $85 million, while the developer argues it is worth $475 million. The property, which includes the former Fairfield Lake State Park, is being developed into the Freestone Club.

The dispute over the value of a property purchased by a Dallas-based developer continues in court. The state claims the property is worth $85 million, while the developer argues it is worth $475 million. The property, which includes the former Fairfield Lake State Park , is being developed into the Freestone Club .

Attorneys representing the Texas Parks and Wildlife Department, Todd Interests (property owner), and CMB Infrastructure Investment Group (lenders) are presenting their arguments to a three-person commission at the Freestone County Courthouse

Source: Law Daily Report (lawdailyreport.net)

Property Developer Dispute Court Value Fairfield Lake State Park Freestone Club

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 18. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Texas Parks and Wildlife Commission Condemns Fairfield Lake State ParkThe Texas Parks and Wildlife Commission voted unanimously to condemn Fairfield Lake State Park in a bid to acquire the land and halt a developer's plans to turn it into a luxury community. Local voices and property rights must be respected.
Source: dallasnews - 🏆 18. / 71 Read more »

2021 Kia Seltos: A Subcompact SUV with Great Value and UpdatesThe 2021 Kia Seltos offers a lot of value with its spacious interior, powerful engine, and advanced technology. It receives a major update for 2024, featuring a restyled exterior and improved interior design.
Source: therealautoblog - 🏆 528. / 51 Read more »

Residents in Cuyama Valley Call for Carrot Boycott Amid Water DisputeMany people in the Cuyama Valley are boycotting carrots as a protest against two large carrot growers involved in a water adjudication case. The growers dropped out of the lawsuit, but other corporate entities remain as plaintiffs. Residents express their concerns about the fight over water and the future of their community.
Source: latimes - 🏆 11. / 82 Read more »

Dispute over Israeli flag reveals attempts to block homeowner associations in OhioA dispute over an Israeli flag hanging outside of a New Albany condo is revealing government attempts to block homeowner associations in Ohio from banning certain flags.
Source: fox28columbus - 🏆 249. / 63 Read more »

Chicago Alderman Accuses Mayor's Office of Quid Pro Quo in Homeless Encampment DisputeIt’s a classic Chicago story: An alderman wants something done in their ward, and the mayor’s office twists their arm to get a favor back in exchange. But in this case, the proposed trade chip is the fate of West Loop homeless encampments.
Source: chicagotribune - 🏆 8. / 91 Read more »

Strategic Technology Trends for Business SuccessThis year’s top strategic technology trends are either driven by AI or support an evolving AI-driven world. Separate the hype from reality and learn which trends will really impact your business goals in the years to come: GartnerSYM TechTrends AI
Source: Gartner_inc - 🏆 455. / 53 Read more »