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.
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.
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.
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).
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.
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.