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Articles from Related Newsletters
Selected Privilege Issues for Franchise CounselLJN's Franchising Business & Law AlertAs recent litigation has demonstrated, the use of new communications devices with new capabilities is having an effect on how attorneys and their clients communicate, and, therefore, is raising issues in attorney-client privilege.
Court of Appeals Upholds Atlantic Yards CondemnationNew York Real Estate Law ReporterJust a week apart, in late November and early December 2009, the Court of Appeals and then the Appellate Division, First Department, made major pronouncements on the authority of the courts to review determinations that ]property is subject to condemnation for allegedly public purposes.
Braving Tempestuous TimesLJN's Equipment Leasing Newsletter"Hell-or-high-water" protection has long been considered a commercial necessity to ensure the free flow of equipment lease financing and now, bolstered by recent changes to the Uniform Commercial Code (UCC), it has been extended to accounts receivable financing of goods and services.
Money Laundering: A Changing ParadigmBusiness Crimes BulletinOver the past several months there has been a slew of public pronouncements that should put financial institutions on edge. Enhanced enforcement of the Foreign Corrupt Practices Act (FCPA) is now migrating into the financial sector and linking up with anti-money laundering (AML) and Office of Foreign Assets Control (OFAC) compliance requirements.
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Headlines
Vacation and Abandonment of Industrial PremisesTenants vacating or abandoning their leased space can create a number of problems for industrial landlords. To prevent these problems, it is imperative that all landlords include in their leases provisions prohibiting tenants from vacating or abandoning their leased space. Each such instance should be deemed to be an event of default.
In the Spotlight: Leasing Outside the BoxAlthough harnessing the suns energy through photovoltaic solar panels is not a new idea, due to recent advancements in technology and tax incentives (including the 30% tax credit contained in last years stimulus plan), the cost-efficiency of these systems has improved significantly.
Costly Tenant Leasing Mistakes Can Be AvoidedIt is extremely constructive to review some of the big mistakes that can be avoided by proper planning and guidance. This two-part article will provide a list that is by no means exhaustive, but an awareness of these problems, will help start the search on the right track.
Strengthening Letter of Credit Security ProvisionsIn all too many cases, once reliable tenants are leaving landlords with only a security deposit to fall back on. In addition, if the security deposit is in the form of a letter of credit (LOC), now more than ever the landlords must also keep one eye on the financial stability of the LOC issuer.
Movers & ShakersWho's doing what; who's going where.
February Issue in PDF Format
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