<b>Media & Communications Corner:</b> The Confluence of Media and Business Development
When it comes to talking about media and business development, Proskauer Rose CMO Joe Calve believes it's important to separate press coverage from advertising. That being said, Calve does employ both public relations and advertising in the marketing mix.
Which Business Sales Agreement Clauses to Read First
After finally making the difficult decision to sell the business that he or she built, how does that entrepreneur react when his or her attorney sends 50 pages of fine print for review?
Features
<b>Corner Office</b>: Are Gray-Haired Partners Expendable?
Gray-haired, older, or as I shall refer to them, senior partners, as a class, represent a challenge that most managing partners find vexing. Many firms have avoided addressing this very complex issue either because of the emotional reaction it invokes, or because they just don't see it as a real problem yet. Others have adopted the apparently simple solution of setting a mandatory retirement age at which the partner is expected to stop practicing and head for a retirement community.
Advising e-Commerce Business Startups: A Crib Sheet
In the first of a two-part article, our expert author examines some issues that e-commerce counsel should pay particular attention to when advising e-commerce startups, particularly small, single-entrepreneur or small-group driven Internet-based storefronts.
Do You Know What Companies Really Want?
In the 20 years I have worked with and for in-house counsel and CEOs, this recent statement to me by a Fortune 100 senior in-house counsel is the strongest yet. Over the years I've compiled a number of such statements, which, if more moderate in tone, are equally serious in intent. Many of them zero in with a great deal of specificity on buyers' discontent and, as such, are particularly helpful, if disconcerting.
The Leasing Hotline
Highlights of the latest commercial leasing cases from around the country.
Features
Which Endorsements Are Right for Your Transaction?
A commercial real estate attorney representing a client that needs title insurance in a commercial real estate transaction must consider which endorsements would be best to provide the client with all the necessary title insurance protection. This two-part article addresses which American Land Title Association ('ALTA') endorsements are typical when representing a buyer, tenant, or lender in an acquisition or lease of commercial property. In addition, the article discusses a few non-ALTA endorsements that are available in many states.
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Revisiting Credit Support in Early Sale Transactions
Part One of this three-part article discussed credit support transactions in general. This installment concentrates on income support.
Features
In the Spotlight: Planning for Redevelopment
For years, the commercial real estate market has been sizzling.Cap rates are down. Prices are up.Nevertheless, you managed to beat out the competition and buy a few shopping centers. To justify the price you paid, however, you need to increase the net operating income ('NOI') from your property. Now, however, the economy may be facing the headwind of a slowdown, if not an outright recession, which creates resistance to rent increases; so you may not be able to rely on ordinary rent increases to bolster your NOI.
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