Practical Responses to Client Demands for a Fee Cut
Law firms have a variety of strategies that can address a client's need for ostensibly lower fees without putting the firm at a financial disadvantage.
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Six Strategies for Transitioning a Firm's Client Base from Senior to Other Partners
Successful transitioning of client work from senior to other partners involves numerous components that have to be planned and implemented in an effective and timely manner.
Costly Tenant Leasing Mistakes Can Be Avoided
The first part of this article addressed the power of leverage and competition when entering the leasing market. The conclusion herein discusses construction costs and turnkey solutions.
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Gross Leasable Area and Excluded Area
In an environment where it has become increasingly difficult for landlords to lease space in their retail projects, landlords have employed a new strategy to compensate for the ever increasing vacant space within their retail projects.
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In the Spotlight: Islamic Finance and Its Impact on Leasing Transactions in the U.S.
When commercial real estate markets in this country recover, foreign funds will once again play a significant role. For that reason, it is important for every owner of commercial real estate in the United States today to know something about Islamic finance.
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Market Value for Property Tax Purposes in a Recessionary Market
A market value analysis for property tax purposes differs significantly from a market value analysis for other business purposes, such as financing or acquisitions. When deciding whether to file a property tax appeal and pursue the negotiation of a settlement and/or trial of your appeal, it is essential to understand this crucial difference in valuation methodology.
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Second Circuit: 502(d) Does Not Apply to Administrative Claims
In <i>ASM Capital, LP v. Ames Department Stores, Inc.</i> the Second Circuit Court of Appeals (the "Second Circuit") held that ' 502(d) of the Bankruptcy Code, which disallows claims until the claimant has returned all voidable preferential payments and other voidable transfers from the debtor's estate, does not apply to disallow administrative claims under 503(b).
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Substantial Contribution Claims
Where a creditor retains a professional to advance a particular position in a Chapter 11 case whose efforts result in the making of a substantial contribution to the case, such creditor can potentially get reimbursed for all of its out-of-pocket expenses, including for reasonable compensation for professional services rendered.
Defending the Preference and Fraudulent Transfer Safe Harbor
As shown in this article, some lower courts have inconsistently enforced the safe harbor provisions in the preference and fraudulent transfer context, generating costly litigation for the asserted cause of creditor recovery.
The Enigmatic Posse List
About eight years ago, Washington, DC, bankruptcy lawyer Greg Bufithis semi-retired and began participating in large document review projects. After a few, he realized that there was no centralized source for temporary attorneys to learn about these opportunities. Ever the entrepreneur, he created one.
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