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Commercial Litigation

  • “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.

    May 01, 2019Gerald M. Levy
  • Contractual Allocation of Damage Risk Thwarts Insurer's Subrogation Claim
    Lacking Specifics, Lease Term Is Unenforceable

    May 01, 2019ssalkin
  • Part One of a Two-Part Article When entering into a lease for commercial space, there are some items that should not be overlooked. Landlords and tenants alike should make sure that the following things are addressed in the lease, one way or another.

    April 01, 2019Alan Nochumson
  • An Illinois Appellate Court recently ruled in favor of a commercial tenant after a new owner acquired a commercial building and attempted to collect accrued unpaid rent owed to the previous landlord.

    April 01, 2019Ira Fierstein and Michelle Palka
  • First Court's Lack of Jurisdiction over Cause of Action Means Second Action Is Not Barred

    April 01, 2019ssalkin
  • Why Commercial Fraud Claims Sometimes Fail, and the Importance of Due Diligence If a court decision called you "sophisticated," it was probably not intended as a compliment, but instead signaled the death knell of your fraud claim.

    March 01, 2019Joseph I. Farca
  • There is no uniform approach relating to management fee provisions in leases, and courts will recognize inequities in the charging and payment of management fees when lease terms are ambiguous or a landlord or tenant fails to comply with the terms of its lease.

    March 01, 2019Missy McCoy
  • There is a frenzy of excitement about the prospect of opportunity zone investments, but a number of investors are also considering becoming sponsors of the new fund model. While organizing a fund may seem simple, especially for experienced real estate sponsors, the opportunity zone model is actually complex.

    March 01, 2019Kelsi Maree Borland