In the Spotlight: Consents to Sublease: Issues to Consider from the Subtenant's Perspective
Subtenants should take the last steps in the Sublease documentation phase seriously, carefully review the Consent To Sublease and consider the issues described in this article before finalizing the Consent To Sublease. For your convenience and reference, this article offers a sample, arm's-length negotiated Consent To Sublease provision.
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The Most Crucial Commercial Lease Cases
For almost two years, the attorneys at Adam Leitman Bailey, P.C, have been compiling a list of the greatest commercial leasing cases of all time. Two of these attorneys, the authors of this two-part article, trace the lifetime of a leasehold from negotiation through breach and enforcement.
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In the Marketplace
Highlights of the latest equipment leasing news from around the country.
Features
Assignments: Paying Agent Not Liable to Assignee
In a recent opinion by the U.S. Court of Appeals for the Ninth Circuit, the court held that the account debtor's payment obligations do not extend to its agent.
Eleventh Circuit Upholds Graves Amendment
Congress enacted the Graves Amendment in August 2005 to bar vicarious liability claims against long-term lease and rental car companies. Often challenged in the courts, the dependability of the Graves Amendment has been undermined by inconsistent court rulings that subject lessors to the liability the Graves Amendment intends to prevent.
Summary and Analysis of the Troubled Asset Relief Program
This article cuts to the substance of the Troubled Asset Relief Program, examining the provisions dealing with the actual purchase, management, and sale of troubled assets, with an eye toward the financial community.
Decisions of Interest
Recent rulings of interest to you and your practice.
Features
Postnuptial Agreements
The answer to the question, "Is it better to live in New York or in New Jersey if you want your postnuptial agreement to be enforced?" is plain and simple ' New York is where you need to be. If your client lives in New Jersey, keep him or her away from postnuptial agreements.
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