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ALM Staff & Law Journal Newsletters

Recent headlines.

September issue in PDF format Image

September issue in PDF format

ALM Staff & Law Journal Newsletters

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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

Opportunities for Landlord Abound When Tenant Exercises Renewal Option Image

Opportunities for Landlord Abound When Tenant Exercises Renewal Option

Ira Fierstein

When a tenant exercises an option to renew its lease, the landlord's usual inclination is to save time and effort by treating the tenant's notice letter as sufficient to accomplish the renewal. This inclination should be strongly resisted ' not only because such a notice may be inadequate, but also because the landlord may be missing out on an opportunity to update the original lease and often improve upon the existing documentation. This is especially true where the renewal is at 'market,' which offers the landlord the possibility to argue that certain changes are necessary to conform to market conditions.

In the Spotlight: But for an Option, the Kingdom Was Lost Image

In the Spotlight: But for an Option, the Kingdom Was Lost

Jack Garson

When I was just a young boy, my father sat me down and said, 'Son, if you're going to rent, remember to get options to renew,' And he added, 'Don't be a sucker. Make sure those options are at a fixed rent.'

Drafting a More Effective Default Clause Image

Drafting a More Effective Default Clause

Adam Leitman Bailey

Attorneys are making too much money litigating disputes between commercial landlords and tenants. Even the most frequently used 'standard form' leases permit tenants to stall and strangle property owners. Moreover, these same leases leave tenants without proper recourse when property owners fail to follow written commitments. Instead of blaming the judicial system, a judge, a landlord, or tenant ' to paraphrase Shakespeare ' it is time that we practitioners recognize that the fault is not in our stars but in our leases. Because they are the enforcement provision in a commercial lease, default clauses must be revised and developed to better meet the needs of landlords and tenants under the judicial system.

Business Crimes Hotline Image

Business Crimes Hotline

ALM Staff & Law Journal Newsletters

National rulings you need to know.

In the Courts Image

In the Courts

ALM Staff & Law Journal Newsletters

Recent key rulings.

Features

Reduced Qui Tam Exposure for Firms That Fail to Self-Report? Image

Reduced Qui Tam Exposure for Firms That Fail to Self-Report?

Jesse A. Witten

A recent decision of the U.S. District Court for the District of Columbia limited the reach of the 'reverse false claims' provision of the civil False Claims Act, 31 U.S.C. ' 3730(a)(7). This opinion, if followed by other courts, will reduce the risk of civil False Claims Act liability for companies accused of failing to self-report regulatory violations in settings where self-disclosure is required.

Milberg Weiss and The 'Nigerian Barge' Case Image

Milberg Weiss and The 'Nigerian Barge' Case

Daniel R. Alonso

The recent indictment of the securities class-action powerhouse Milberg Weiss Bershad & Schulman and two of its named partners has been the topic of much recent discussion, centering on the law firm's notable refusal to waive the attorney-client privilege during the government investigation, which likely contributed to the government's decision to indict the firm. But the indictment is also notable as the latest high-profile use of the federal mail and wire fraud statutes to combat private-sector corruption.

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