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The Leasing Hotline Image

The Leasing Hotline

ALM Staff & Law Journal Newsletters

Highlights of the latest commercial leasing cases from around the country.

Features

Subleasing Pointers: The Perspective of a Prime Landlord, Sublandlord, and Subtenant Image

Subleasing Pointers: The Perspective of a Prime Landlord, Sublandlord, and Subtenant

Alison Jones, Randy Luffman & Natosha O. Reid

Part One of this series discussed subleasing from the perspective of the Prime Landlord. This second installment addresses the issue from the Sublandlord's perspective.

In the Spotlight: Dealing with Vacancies in the Context of Pass-Throughs Image

In the Spotlight: Dealing with Vacancies in the Context of Pass-Throughs

Myles Hannan

In the vast majority of commercial leases, provision is made for passing through to the tenants the responsibility for paying all or a portion of the operating costs of the building and the real estate taxes payable with respect to the property. However, what if the building is partially vacant? This article explores how leases deal with vacancies in the context of such 'pass-throughs.'

Rent Abatement Clauses: Tenants Should Speak Softly, But Draft a 'Club' Image

Rent Abatement Clauses: Tenants Should Speak Softly, But Draft a 'Club'

Gary A. Goodman & Michael J. Boccio

In commercial lease transactions, a tenant's desire and need to occupy a space and begin transacting business often takes precedence over a landlord's ability to complete all of the bargained-for physical alterations that it has promised. The issue of determining the diminished value of the premises prior to the completion of the landlord's work is customarily resolved through the negotiation of rent abatement provisions that quantify damages where delays in the landlord's construction would lead to a breach of contract.

Features

In the Marketplace Image

In the Marketplace

ALM Staff & Law Journal Newsletters

Highlights of the latest equipment leasing news from around the country.

Ways to Avoid Electronic Contract Killers in Second Life Image

Ways to Avoid Electronic Contract Killers in Second Life

David M. Klein

The creators of Second Life &mdash; an online virtual community &mdash; faced some real-life problems in a Pennsylvania court recently. In <i>Bragg v. Linden Research, Inc.,</i> No. CIV.A06 4925 (E.D.P.A. May 30, 2007), Judge Eduardo C. Robreno, denying a motion to compel arbitration, offers attorneys and their clients some useful guidelines to consider when drafting standard electronic form contracts.

Features

Equipment Leasing and CERCLA Liability Image

Equipment Leasing and CERCLA Liability

Russell V. Randle & David G. Mayer

In this month's installment, we focus on some of the special issues facing equipment leasing as a result of the Supreme Court's decision in <i>United States v. Atlantic Research Corporation</i>. We recommend some steps in order to address the increased litigation and liability risks facing owners and lessors of equipment, risks that few have addressed.

Features

Shari'ah Finance and the Equipment Leasing Industry Image

Shari'ah Finance and the Equipment Leasing Industry

Jonathan Fleisher

<i>Shari'ah</i> or Islamic-compliant financing is gaining a foothold in international finance transactions. This article provides an overview to equipment finance professionals as to certain opportunities that may exist within this market for both increasing customer base and obtaining sources of capital.

Case Briefs Image

Case Briefs

ALM Staff & Law Journal Newsletters

Highlights of the latest insurance cases from around the country.

Features

e-Discovery Costs and General Liability Coverage: Who Pays When the Rules Are Violated? Image

e-Discovery Costs and General Liability Coverage: Who Pays When the Rules Are Violated?

William P. Shelley & Kellyn J. W. Muller

The e-discovery amendments to the Federal Rules of Civil Procedure and the potential ramifications resulting from violations of these rules implicate an entire subset of potential policyholder liability for which coverage will be sought, including indemnification for monetary sanctions and high verdicts.

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