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When Reviewing a Lease, Consider Using Non-Legal Professionals
When attorneys prepare a lease, it may be easy to forget that there are other professionals out there who can (and should) assist them. Just because the lease is a “legal” document does not mean that a lawyer should negotiate a deal without the help of other players on his/her real estate “team.” Without the assistance of a lawyer's teammates, an attorney may not be providing nearly as effective legal counsel for his/her client as s/he should be. In fact, many of the best attorneys understand the importance of utilizing a group of experts when they review a lease. This article focuses on two of the most frequently misunderstood areas of a lease: insurance and construction provisions.
Insurance Provisions
One of the most common sections where the expertise of other professionals is required is the insurance section. Whether you are an attorney representing a tenant who has been sent a landlord's version of a landlord's “standard” lease or an attorney representing a landlord who has been sent a tenant's mark-up of your form lease, it is equally important to have the insurance provisions that have been sent or marked-up by the other party reviewed by a competent insurance consultant.
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Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
Removing Restrictive Covenants In New York
In Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?
Legal Possession: What Does It Mean?
Possession of real property is a matter of physical fact. Having the right or legal entitlement to possession is not "possession," possession is "the fact of having or holding property in one's power." That power means having physical dominion and control over the property.