ANR Pipeline Co. v. Succession of Bailey
In ANR Pipeline Co. v. Succession of Bailey, 558 So. 2d 689, 691 (La. App. 1st Cir. 1990), the Court noted the connexity between the use of transactions of sales of inter alia servitudes on the open market and the determination of just compensation.
While the ANR Pipeline Co. court concluded the trial court had not abused its discretion under the facts of that case by considering transactions between landowners and pipeline companies with the right to expropriate in its determination of the value of a pipeline servitude, it pointed out that such transactions were not "the best evidence of the fair market value because they are not representative of an open market." Id.