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In the Spotlight: Subleasing Benefits and Risks
Current adverse economic conditions are causing many tenants to consolidate and reduce their space requirements given downsizing and reductions in force. The result is that significant amounts of office space are now becoming available for subleasing as prime tenants seek subrent income to help cover their prime rent obligations to their landlord.
It is important to remember that a subtenant's occupancy rights are completely derivative of the lease rights that a prime tenant has. Thus, a subtenant can never get any better or more comprehensive rights than that which its sublandlord (the prime tenant) has under the prime lease. In practice, though, a subtenant's rights are actually more limited than those enjoyed by the prime tenant.
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Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
A Lawyer's System for Active Reading
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.