Peer-to-Peer Networks
July 02, 2014
Peer-to-peer e-commerce platforms seem to be popping up almost daily, touching nearly every vertical ripe for disruption, or at least providing just a little grease for the wheel. So what does that have to do with commercial leasing?
The Anti-Assignment Override Provisions
July 02, 2014
UCC Sections 9406(d) and 9408(a) are one of the most powerful, yet least understood, sections of the Uniform Commercial Code. On their face, they appear to override anti-assignment provisions in agreements that would limit the grant of a security interest. But do these sections really work?
Planning a Merger? Avoid Pitfalls through Proper Due Diligence
July 02, 2014
After reaching an all-time high in 2013, the pace of U.S. law firm mergers and acquisitions is showing no signs of slowing down. With all of these deals in the news of late, you may be considering whether a merger or acquisition might be an appropriate growth strategy for your firm.
Exhibits: Details and Timing
July 02, 2014
The first part of this article discussed the purpose of, need for and some of the items included in, the exhibits to a lease. The conclusion herein addresses finalizing the lease and the exhibits.
Dealing with Stub Rent After <i>In re Oreck</i>
July 02, 2014
A bankruptcy judge recently held that lessors of a debtor's corporate headquarters were not entitled to administrative expense priority under 11 U.S.C. ' 365(d)(3) for 25 days of unpaid "stub rent" for the period between the Chapter 11 petition and the first postpetition rent payment.
Securitization of Renewable Energy Projects
July 02, 2014
This article discusses the characteristics of renewable energy projects that are good candidates for securitizations, the structures and considerations involved in the recent solar project securitizations, and the impact of such securitizations on federal income tax incentives.
In the Spotlight: Casualty: A Tenant's Perspective
July 02, 2014
When a fire or other casualty damages a tenant's premises, especially when the premises is part of a larger retail facility like an enclosed regional mall, the rights outlined in the tenant's lease will dictate how the casualty is handled.
Concealed Carry Issues in Commercial Leasing
July 02, 2014
Last year, Illinois became the 50th ' and last ' state in the Union to enact a law that authorizes its citizens to carry concealed firearms. Amid a landscape of wildly divergent opinions on the subject, concealed carry is now the law of the land, in some shape or form.
Industrial and Warehouse Leases
June 02, 2014
The variety of potential uses for the building can make an industrial lease extremely complex. Under-negotiation of the lease by either landlord or tenant can result in unexpected costs and issues.