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Heading for the Exits
Although the volume of sales of commercial real estate properties has certainly increased since 2008 and 2009, investors and lenders continue to be relatively cautious, and minor leasing deficiencies or ambiguities can have a negative impact on ' or even freeze ' a sale. This article discusses select leasing issues that we have seen arise in recent investment sales transactions, and suggests drafting pointers that can be used to avoid or limit the negative impact these issues may have on the sale of a property.
Tenant Estoppels
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Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.