Lowball Watch — Minnesota

The Winona Post of July 13, 2015 (Chris Rogers, Mn/DOT Settles With Winona Leasing) reports that after the Minnesota DOT offered Winona Leasing $600,000 for its land on which a car rental business was conducted, the offer was rejected and eventually, Mn/DOT settled for $900,000. The trial court also awarded the owners $32,000 in attorneys’ fees in spite of the fact that the owner’s contract with his lawyers called for a fee of one-third of the overage, or $100,000.

http://www.winonapost.com/Article/ArticleID/44947/MnDOT-settles-with-Winona-Leasing