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COVID-19: Should Landlords Apply Security Deposits to Unpaid Rents?
Many landlords of shopping centers and other commercial buildings have been asking whether landlords can begin eviction proceedings or exercise other lease or legal remedies now that tenants have missed April rent payments. While there are currently several bills in various stages of being passed into law in several states as of early April, which would restrict, on a temporary basis, the eviction of commercial tenants from their leased premises for failure to pay rent, the current restrictions only apply to residential tenants throughout the country.
Just recently, the Massachusetts state senate passed a bill that prohibits all non-emergency evictions for small businesses and prohibits evictions and foreclosures for residential properties for at least 120 days after the bill is signed by the governor. The legislation also prohibits late fees or negative credit reporting for non-payment of rent if the lack of payment if the lack of payment is due to financial impact related to COVID-19. Several other states are passing similar bills on a temporary basis. Whether these bills get signed into law and survive judicial scrutiny remains to be seen. And since most judicial proceedings have come to a standstill, eviction or other proceedings do not seem to be a wise choice at this time.
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Beach Boys Songs Written Decades Ago Triggered Current Quarrel With Lawyers
There's current litigation in the ongoing Beach Boys litigation saga. A lawsuit filed in 2019 against Nevada residents Mike Love and his wife Jacquelyne in the U.S. District Court for the District of Nevada that alleges inaccurate payment by the Loves under the retainer agreement and seeks $84.5 million in damages.
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.
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.
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.
Transfer Tax Implications on Real Property Leases
The real property transfer tax does not apply to all leases, and understanding the tax rules of the applicable jurisdiction can allow parties to plan ahead to avoid unnecessary tax liability.