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When negotiating a lease on behalf of a commercial tenant, an attorney should be mindful of both the legal and business aspects of the transaction. While all tenants seek quiet enjoyment, it is important to recognize that perhaps equally central are vehicular visibility and foot traffic. After all, without customers, tenants cannot afford to pay rent.
Landlords should also not overlook the fact that an individual tenant's success is critical to the success of a shopping center. One of the most important factors that can affect a tenant's visibility and the success of a shopping center is that tenant's signs. Therefore, it is in the best interest of both landlord and tenant attorneys to craft language that gives the tenant the right to install the signage it deems best suited for the tenant's branding and financial success, while balancing the needs of the public and the shopping center. This article provides guidance to attorneys on the suggested signage provisions to be included when negotiating a commercial lease in New York, as an example, and discusses the importance of ensuring that tenants' rights and landlord obligations pertaining to signage are expressly addressed in the lease.
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A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
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.
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
'Disconnect Between In-House and Outside Counsel is a continuation of the discussion of client expectations and the disconnect that often occurs. And although the outside attorneys should be pursuing how inside-counsel actually think, inside counsel should make an effort to impart this information without waiting to be asked.