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Many landlords have commissioned refurbishing or cleaning that involved sand blasting, concrete cutting, or masonry drilling on or at a building that remained in use. Some have leased premises to tenants that engage in these activities or that engage in production steps that include sanding, blasting, or scouring. There are special concerns about these activities that landlords should address, and this article explains why.
There was once a time when landlords and tenants had no concern about whether asbestos had been used on their premises. Even when asbestosis litigation started cropping up, it did not initially appear to be a matter of concern for commercial real estate businesses. Instead, it seemed to be a remote problem as that wave of litigation preliminarily struck shipyards and other industrial operators that employed workers having the highest levels of exposure. In hindsight, however, we know all too well how widely the scope of potential liability expanded to have an enormous impact in the commercial real estate business world. Lessons learned from that history should be applied now by landlords and tenants to minimize potential future exposure to silicosis claims.
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There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
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In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.