Happy (?) New Year: 2009, Retailers and Bankruptcy
December 15, 2008
This article discusses some of the challenges that face retailers who may file Chapter 11 in the coming year, and offers some suggestions for increasing the odds of successfully reorganizing.
Levying Rents Pursuant to Monetary Judgment
November 25, 2008
New York's law on levies of rents pursuant to money judgment is most peculiar. The obligation of a tenant (T) to pay rent runs with the land. Let us call the forward-looking obligation of a tenant to pay rent a "rent receivable." New York law insists that the rent receivable is real property. Once the rent receivable is actually paid, the proceeds are considered the landlord's personal property. Collection of the rent "severs" the dollars from the real property.
Help Insulate Your Firm with Careful Year-End Planning
November 21, 2008
Notwithstanding the slowing economy, there are opportunities to strengthen the firm's finances and those of individual partners. The key in this or any year is careful tax planning — including year-end tax projections — that will help lessen federal and state tax liabilities, prepare for possible exposure to the alternative minimum tax, and discover potential ways to save and streamline.
The Leasing Hotline
November 21, 2008
Recent litigation of importance to you and your practice.
Tenants Beware!
November 21, 2008
This two-part article focuses on how the SNDA (subordination non-disturbance and attornment agreement) can have impacts that are at least as important as a tenant's concern not to be disturbed in its possession of the premises.
The Most Crucial Commercial Lease Cases
November 21, 2008
For almost two years, the attorneys at Adam Leitman Bailey, P.C, have been compiling a list of the greatest commercial leasing cases of all time. Two of these attorneys, the authors of this two-part article, trace the lifetime of a leasehold from negotiation through breach and enforcement.
In the Marketplace
November 20, 2008
Highlights of the latest equipment leasing news from around the country.