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STATE v. JIM LUPIENT OLDSMOBILE CO.

No. C4-92-1190.

509 N.W.2d 361 (1993)

STATE of Minnesota, by Hubert H. HUMPHREY, III, its Attorney General, Petitioner, Appellant, v. JIM LUPIENT OLDSMOBILE COMPANY, formerly Lupient Oldsmobile Company, et al., Respondents. STATE of Minnesota, by Hubert H. HUMPHREY, III, its Attorney General, Lower Court Petitioner, v. Douglas J. KRUEGER, et al., Lower Court Respondents.

Supreme Court of Minnesota.

December 17, 1993.

Attorney(s) appearing for the Case

Hubert H. Humphrey, III, Atty. Gen., Louis K. Robards, Asst. Atty. Gen., St. Paul, for appellant.

David D. Meyer, William S. Rosen, St. Paul, for respondents.

Heard, considered and decided by the court en banc.

KEITH, Chief Justice.

In this case, we are asked to clarify the standards to be used by a trial court in determining what interest rate provides just compensation to landowners in condemnation proceedings. We reverse and remand.

The state commenced this action to acquire by eminent domain certain property owned by Respondent James W. Lupient as part of a project to upgrade Highway 12 in Golden Valley, Minnesota. On October 17, 1988, the state acquired title...

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