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Home / Opinion Digests / Federal interest rate applies to condemnation award (access required)

Federal interest rate applies to condemnation award (access required)

Where the federal court applies federal substantive law in condemnation cases, and the court previously ruled that the federal interest rate would apply to an award in a condemnation case involving the Mountain Valley Pipeline, the landowners’ claim for interest under Virginia law was denied. Background In this condemnation case, a jury returned a verdict awarding just ...