I feel this might be an isolated case that could have been due to some financial wrangling between the two sides.
But without the facts I guess I would reserve judgement.
I would be interested to see if any further expropriations take place.
Chavez is not as low in my opinions as other people on this board but I am not his supporter either.
There is private property or there is not. Looks like in Chavez's case, its up to him (no rule of law).
Chavez wrote himself a new law that allows the government to determine if a farm is "active" and to seize farms that are not active.
Its a bad mistake for a desperately poor country to nationalize another countries assets.
Now the place will descend into a form of chaos that will not end until Chavez is neutralized.